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This department reports to University Controller and Enterprise Financial Accounting.

Financial Reporting and Management Services provides current, comprehensive and accurate financial information to  provide accountability and transparency to University, the people of North Carolina and beyond concerning its fiduciary resources. In addition to supplying the financial statements of the University, the department:

  • Manages the 13th month process of converting cash basis reporting during the fiscal year to accrual basis for financial reporting of the fiscal year-end.
  • Researches, interprets, and implements new Governmental Accounting Standards Board (GASB) standards.
  • Serves as a focal point for tax assistance, which includes researching tax issues, reviewing current practices, and developing operating and reporting procedures and policies.
  • Contributes to The Integrated Postsecondary Education Data System (IPEDS)
  • Generates unrelated business income tax returns.
  • Participates in the Delaware Study, a discipline-level, comparative analysis of faculty teaching loads, direct instructional costs, and separately budgeted scholarly activity.

Policies and Procedures

712 – Policy on Unrelated Business Income

Services

Contact

Beth McAndrew
Director of Financial Reporting and Management Services
104 Airport Drive, Suite 3200
Campus Box 1270

Department Email
financialreporting@unc.edu
Department Phone
919-843-2694
Department Fax
919-962-4140

News

Annual Financial Report Wins 24th Consecutive Excellence Award

November 6, 2019

For the 24th year in a row, The Government Finance Officers Association of the United States and Canada (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting to the University of North Carolina at Chapel Hill for its Comprehensive Annual Financial Report (CAFR).

Categories: Annual Report, Awards