Policy Wake Forest University owns on-campus apartments that are used by faculty, staff, visitors, and select consultants/third-party vendors who work on campus. This policy & procedure document outlines the tax laws, management and review process with respect to the temporary provision of on-campus apartments at […]
Policy The Disaster Relief Assistance Administrative Policy outlines the guidelines for Wake Forest University to provide assistance to individuals affected by disasters. It covers eligibility criteria, expenses, payment methods, and the role of the program administrator. The policy also includes references to the Crisis Response […]
Policy This policy requires all journal entries at Wake Forest University to be created and approved by authorized individuals, posted to the appropriate worktags in Workday, and supported by documentation in accordance with Generally Accepted Accounting Principles (GAAP), federal and state laws, University policies and […]
Policy The purpose of this Travel, Entertainment, and Business Expense Policy and Procedure (“Policy”) is toestablish guidelines for the reasonable and appropriate use of Wake Forest University (“University”)funds for travel, entertainment, and other business expenses and to define the process for documentingand accounting for these […]
Procedure This document outlines the procedure for moving a residual balance from fixed price and milestone agreements (i.e., funds that remain unspent upon completion of a project) to other University accounts, and provides information on calculating facilities and administrative costs. Read […]
To make Wake Forest administrative policies more accessible to the campus community, a new consolidated University Policy Library website – policy.wfu.edu – has been launched and is available to everyone in the campus community. All administrative policies and supporting documents from departments within Finance […]
Policy This document outlines the policies and procedures governing the proper initiation, review, approval and procurement of capital and operating improvement projects at Wake Forest University. This policy defines the different project types, outlines the project phases, and covers the approval process, procurement bidding requirements, […]
Policy Wake Forest University conducts research and other activities that are sponsored by federal, state, or private entities. Sponsored grants and contracts provide essential outside funding to support the academic mission and research function of the University. As a recipient of federal, state, and privately […]
Procedure A Fixed Price Agreement is an agreement where the sponsor pays a firm price for the agreed-upon work, regardless of the actual costs to complete the project. A Milestone Agreement is a contract based on one or more milestones or deliverables. Accountability is based […]
Policy The federal government (per the Uniform Guidance Subpart E §200.430) sets requirements for internal controls over certifying time expended on sponsored projects and requires that salaries paid fully or partly from federal or state-sponsored awards be “certified” in a process that is distinct from […]