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505.3 Honorary Degrees

October 16, 2017 by benb 5 Comments

Recommendations for honorary degrees will be submitted to the Board of Trustees by the President after having been approved by the campus governing body and the chief executive officer of the campus on which the recommendations originate. Except under unusual circumstances, not more than two recommendations for honorary degrees to be presented at the same commencement shall be submitted by a campus. If a Chancellor deems it necessary to submit more than two recommendations, the additional … [Read more...] about 505.3 Honorary Degrees

Filed Under: Board Policy

505.2 Approval of Conferring of Degrees at Times Other than Regular Commencement Exercises

October 16, 2017 by benb 10 Comments

The President of the University is authorized to confer degrees, under certain conditions, at times other than when the Board, in regular course, has conferred the degrees for the University's regular commencement exercises.   February 22, 1974 … [Read more...] about 505.2 Approval of Conferring of Degrees at Times Other than Regular Commencement Exercises

Filed Under: Board Policy

505.1 Awarding of Degrees

October 16, 2017 by benb 4 Comments

Each campus is permitted to award and date degrees at the following times for those who complete degree requirements as indicated: At spring commencement for those who completed requirements since the date degrees were last awarded and for those who do not choose to receive degrees available in 2 and 3 below. On the date of the last class day in the term with the latest ending date of the summer session for those who complete requirements between spring commencement and the end of the … [Read more...] about 505.1 Awarding of Degrees

Filed Under: Board Policy

375.1 Inter-Institutional and Inter-Fund Loans

October 13, 2017 by benb 940 Comments

PDF Version I. Purpose The purpose of this policy is to establish system-wide requirements for administration and accounting for inter-institutional and inter-fund loans.  Units of the University of Arkansas System are expected to manage expenditures within limits specified by their approved budgets.  There may be circumstances where an inter-institutional or an inter-fund loan may be necessary to meet the mission, goals and objectives of the University of Arkansas System. II. General A. … [Read more...] about 375.1 Inter-Institutional and Inter-Fund Loans

Filed Under: Board Policy

370.1 Budgeting

October 13, 2017 by benb 7 Comments

PDF Version I. Purpose Budgeting is an essential control mechanism for the effective management of any organization.  In view of this, it is the purpose of this policy to provide clear and specific responsibility for proper budget management and control for the University of Arkansas System (System) governed by the Board of Trustees of the University of Arkansas.  All funds available to the University will be budgeted on a fiscal year basis. II. Submission of Budget A. Campuses or units … [Read more...] about 370.1 Budgeting

Filed Under: Board Policy

365.1 Financial Accounting and Reporting

October 13, 2017 by benb 8 Comments

PDF Version I. Purpose The purpose of this policy is to:  (a) identify financial accounting and reporting requirements as prescribed by Arkansas law; (b) provide a general description of required accounting standards; (c) define the type and frequency of mandatory financial reports; and (d) prescribe the responsibilities for administration of the financial accounting and reporting function within the University of Arkansas System (System).  This policy establishes financial accounting and … [Read more...] about 365.1 Financial Accounting and Reporting

Filed Under: Board Policy

360.1 Tax-Exempt Obligations Post-Issuance Compliance

October 13, 2017 by benb 8 Comments

PDF Version The purpose of this policy is to facilitate the development of procedures which will aid in post-issuance compliance for tax-exempt obligations issued by the Board of Trustees of the University of Arkansas. The President and Vice President for Finance will develop a procedure manual to assist in compliance in the following areas: (a) record-keeping, (b) investment and arbitrage compliance, (c) expenditure and asset documentation, (d) private business use, and (e) continuing … [Read more...] about 360.1 Tax-Exempt Obligations Post-Issuance Compliance

Filed Under: Board Policy

355.1 Whistleblower Policy

October 13, 2017 by benb 7 Comments

PDF Version I. Introduction The University of Arkansas System has a responsibility for the stewardship of University resources and the public and private support that enables it to pursue its mission. The University is committed to compliance with the laws and regulations to which it is subject and to promulgating University policies and procedures to interpret and apply these laws and regulations in the University setting. The University’s internal control system is intended to detect, … [Read more...] about 355.1 Whistleblower Policy

Filed Under: Board Policy

350.1 Fraud Policy

October 13, 2017 by benb 9 Comments

PDF Version This fraud policy is established to facilitate the development of controls which will aid in the prevention and detection of fraud within the University of Arkansas System (the “System”). It is the intent of the System to promote consistent organizational behavior by providing guidelines and assigning responsibility for the development of prevention and detection controls and conduct of investigations. I. Scope This policy applies to any fraud, or suspected fraud, involving Board … [Read more...] about 350.1 Fraud Policy

Filed Under: Board Policy

345.1 Alumni Associations

October 13, 2017 by benb 7 Comments

PDF Version I.       Purpose: Alumni associations can help connect alumni, friends, and students and promote the University. The purpose of this policy is to provide clear guidance for the operation of alumni associations supporting campuses of the University of Arkansas.  The following provisions set forth a framework for vibrant, mutually supportive, and financially sound alumni associations. II.       Establishment of Alumni Associations: General Provisions: A. Each campus may establish a … [Read more...] about 345.1 Alumni Associations

Filed Under: Board Policy

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