1. Background &听Purpose
Approving Officials (AO) within the university鈥檚 procurement card program play a critical role to ensure sound fiscal management of university resources. AOs must adhere to a comprehensive set of responsibilities as set forth in the . Guidance concerning the approval authority of AOs comes from several university sources, including the following:
Approvers may not approve their own transactions, nor are approvers permitted to approve transactions that provide personal reimbursement for their supervisor. 鈥�
Every transaction must be approved by an individual having 鈥� the authority to challenge or seek further approvals for questionable transactions. 鈥�听
The purpose of this Procedural Statement is to support a standard of rigorous internal controls by providing further authoritative guidance on the selection of AOs.
2. Procedural Statement
In order to establish a credible ability to challenge transactions, AOs cannot be subordinate to cardholders. Therefore, the following selection criteria shall apply.
- AOs cannot report to the cardholder (as identified as a 鈥淩eports To鈥� in the HRMS).
- AOs cannot report to a supervisor who, in turn, reports to the cardholder.
- Cardholders who hold a top administrative position (e.g., Vice Chancellors, Deans, and Directors) must have an AO who works in an appropriate unit outside of their own, normally the office to which the cardholder reports.
- The AO for cardholding Chancellors shall work within the Vice Chancellor of Finance or campus Controller鈥檚 office.
The Campus Controller鈥檚 Office is responsible for monitoring compliance with this Procedural Statement.
3. Exception
Exceptions must be approved by the Associate Vice Chancellor of Budget & Finance and Controller.