|The General Accounting Department is responsible for the installation and administrative
direction of all general accounting records and procedures, the preparation and interpretation
of all external financial reports, and the preparation and interpretation of all internal
financial reports concerning the university as a whole. This responsibility does not
preclude departmental or budgetary units from preparing internal accounting reports.
This department is also responsible for the preparation of the indirect cost rate
proposal applicable to contracts, grants, and agreements and for assisting in any
required rate negotiation.