The University of Georgia Foundation Financial Reports :: Financial Accounting, Budgeting, and Reporting :: UGA Foundation

 


Financial Reports

POLICY: 7.4
Effective Date: 01/01/2004
Last Updated: 12/13/2011
Policy Owner: McAllister, Maggie

The Chief Financial Officer is responsible for the preparation and publication of all external financial reports. The reporting requirements are as follows:

  • The preparation of monthly progress reports for revenue and expense of the general operations of the University of Georgia Foundation;
  • The preparation of monthly progress reports for revenue and expense of the operations of the University of Georgia Alumni Association;
  • The preparation of quarterly financial statements reflecting University of Georgia Foundation financial activity;
  • The preparation of quarterly financial statements reflecting University of Georgia Alumni Association financial activity;
  • The preparation of internal audit assignments and control procedures to insure the integrity of the Foundation accounting system;
  • The preparation of all reports and documents required by the independent auditors;
  • The preparation of other financial reports submitted by the University of Georgia Foundation in response to requests by local and national organizations;
  • The preparation of special reports as requested by the Senior Vice President for External Affairs and the Executive Director of the University of Georgia Foundation; and
  • The preparation and publication of the Annual Financial Report.