Financial Accounting and Reporting

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Financial Affairs
(Dept. Contact Info)
UC Santa Cruz
1156 High Street
University of California
Santa Cruz, CA 95064-1077

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controller@ucsc.edu
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Updated: 10/2/2007

Financial Accounting and Reporting

The Financial Accounting and Reporting (FAR) Office oversees the General Accounting, Accounts Payable, Plant, Travel Accounting, and Equipment Management departments.

The FAR Office focuses its efforts on:

Maintaining the campus operating and general ledger
Financial control and reporting responsibilities, including administering financial policies
Tax reporting issues, including reporting and withholding for 1099 statements and sales tax returns
Maintaining vendor database
Processing check writes, ACH transmissions and wire transfers
Preparing financial statements for campus auxiliary units
Account reconciliations, including bank statements
Equipment management, including issuing property tags, preparing award close-out reports, and processing physical inventory reports and adjustments
Training on policies, financial accountability, and controls
Administering the campus travel program
Monitoring and reporting on real property and equipment leases