Initiatives

• Fiscal Procedures including the Accounting Handbook
  As authorized by Colorado State Senate Bill 10-003 (which allows higher education institutions to adopt their own fiscal procedures and thereby become exempt from State Fiscal Rules), the University has published the University of Colorado Fiscal Procedures. These procedures are undergoing modifications and improvements as CU continues to study, evaluate, and tailor the State’s Rules to the University.
  A significant part of this process is the development of the Accounting Handbook, which will replace the original fiscal procedures’ brief chapter on accounting with a comprehensive University-wide source for accounting guidance. We invite campus users to review and contribute to the new Handbook.
  
  
• CPEs for CPAs
  The OUC is now a NASBA-certified provider of continuing professional education (CPE) for certified public accountants (CPAs). Learn about our course offerings on the CU CPE website.
  
  
• Cognos Reporting System
  One of the top priorities of the Office of University Controller (OUC) is to improve the usability and efficiency of the Cognos Reporting System. The OUC’s goal is the creation of a single University-wide reporting solution. The way to accomplish this goal is by enhancing the readability and performance of on-demand Cognos reports, and by working with the campus controllers and other key contacts to develop additional reports so that financial information is available to those who need it (e.g., Principal Investigators). Campus users play an important role in suggesting and critiquing new reports prior to their implementation.
  
  
• CUSP
  We invite innovative thinkers to exchange their unique process improvements and efficiencies with their University colleagues using the CUSP best practices web site.
  
  
• Sponsored Project Billing
  In the first phase of this project (completed Spring 2010), the post-award functions of our former legacy system, SPINS, were replaced by three modules in the PeopleSoft Finance System: Projects, Billing, and Accounts Receivable. Subsequent phases will involve the implementation of two additional modules: Grants and Contracts.