Procedure This document outlines the procedures to account for funds received, obligated, and expended from award setup through closeout in the financial system of record, in accordance with 2 CFR 200.302, a section of the Code of Federal Regulations (CFR) providing rules for the Federal […]
Policy All funds accepted by a Wake Forest University (“University”) department or representative must be restrictively endorsed upon receipt and deposited either at the University’s bank or recorded by the cashier as communicated via email by Student Financial Services (SFS) within one (1) business day […]
Policy This policy establishes guidelines for the appropriate use of domestic petty cash and change funds while establishing internal controls to minimize the University’s risk of financial loss. Petty cash and change funds (i.e., cash drawers) are approved and maintained where needed to pay for […]