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PDF Version The business and mission of the University of Arkansas is carried out through its officers and employees acting within the scope of their employment. The University has carried out its business and mission through agreements with affiliated entities approved by the Board of Trustees or executed pursuant to delegated contracting authority. The Board of Trustees has also permitted and encouraged certain non-profit corporations which, although legally separate, exist to support the … [Read more...] about 340.1 Related Entities

PDF Version I. Introduction The University of Arkansas System recognizes that its reputation is one of its most valuable assets and is committed to maintaining the trust and confidence of both the University community and the citizens of the State of Arkansas.  Therefore, the University of Arkansas System requires its employees to meet certain ethical standards. Employees shall conduct themselves in a manner that strengthens the public’s trust and confidence by adhering to the following … [Read more...] about 335.1 University Code of Ethical Conduct

PDF Version I. General Purpose. It is the policy of the Board of Trustees to assure that employees of the University of Arkansas and persons or entities contracting with the University of Arkansas abide by laws applicable to them in performing their responsibilities and specifically that they conduct their activities in accordance with applicable law, regulations and policies governing ethical conduct and ethics in public purchasing and contracting. II. Contracts and Grants Prohibited Without … [Read more...] about 330.1 Employee and Contractor Conflict of Interest

As a part of its charter, the Legal, Legislative, and Audit Committee is responsible for recommending external auditors for various components of the University of Arkansas to the Board of Trustees for approval.   In all matters relating to the audit work during their audit engagement with the University, independent external audit firms should be free from personal, external and organizational impairments, as defined by Government Auditing Standards issued by the Comptroller General of the … [Read more...] about 325.1 External Auditor Independence Requirements

PDF Version I. Policy After making reasonable collection efforts, the University of Arkansas may write off for current accounting purposes and remove from its books of account, in whatever form maintained, any debt due to the University of Arkansas deemed doubtful of collection. The President of the University shall make the determination that any amounts to be treated are in fact doubtful as to ultimate collectability, or under written authorization designate other University officials … [Read more...] about 320.1 Accounting Practice for Reflection of Doubtful Accounts

PDF Version Any banks holding University funds on deposit shall furnish collateral for any deposits exceeding the maximum FDIC Insurance amount and applicable campus policies shall insure compliance with this requirement. The President or Vice President for Finance or Vice President for Administration of the University of Arkansas is authorized: (1)   To open the necessary bank accounts, signify the appropriate signatures and, where required, to sign such other agreements as required by the … [Read more...] about 305.1 Bank Depositories and Fiscal Controls

PDF Version I. General Authority The President and the Chief Fiscal Officer are authorized and directed to serve as the contracting officers, fully authorized to execute contracts on behalf of the Board of Trustees, in its name, or on behalf of the University of Arkansas in that name. Any contract shall indicate the particular campus of the University of Arkansas for which the contract is applicable.  Contracts are not to be made in the name of a campus as a contracting party since there is … [Read more...] about 300.1 Contracting Authority

PDF Version I. General. The Board of Trustees of the University of Arkansas is declared by statute to be a body politic and corporate.  Members of the Board seek to perform their responsibilities in accordance with high standards of integrity, to avoid conflicts of interest, and to disclose those which occur. This policy establishes standards of conduct of members of the Board in addition to those established by applicable statutes or policies of the Board.  This policy is to assure that … [Read more...] about 100.9 Board of Trustees Standards of Conduct and Conflict of Interest

PDF Version The title "Trustee Emeritus" shall be conferred by the Board of Trustees from time to time, as the occasion shall arise, upon any former Trustee who has retired from the Board after having served a full term and who wishes to accept such a designation. Former Trustees who have not served full terms may also receive such awards upon approval by the Board. The conferring of this status shall ordinarily be in public ceremony so that appropriate approbation shall attend the marking of … [Read more...] about 100.8 Trustee Emeritus Status

PDF Version The State Flag of Arkansas shall be the official flag of the University of Arkansas.   November 8, 1940 … [Read more...] about 100.6 State Flag Official University of Arkansas Flag