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Business Connections Corner

University Controller’s Office

A metal wolf statue on campus with the words "Business Connections" and an NC State brick logo in the foreground

Sep 23, 2024

Business Connections Corner

The University Controller’s Office held its monthly Business Connection meeting on September 12.  Discussion Topics University Controller’s Office Updates Procurement & Business Services Procurement & Business Services highlighted staff changes, annual procurement meetings, the updated Procurement Dashboard, the 13th Annual MarketPlace Expo, upcoming surplus sales events, contacting the Materials Support Warehouse to pick up surplus…
The title screen for Internal Controls for Financial Data online training, showing a hand stacking blocks featuring a variety of business-related icons

Aug 22, 2024

New Internal Controls for Financial Data Training

Written by Arianna Williams. We are excited to announce the launch of the new Internal Controls for Financial Data online course, now available for registration. Effective internal controls are crucial for management to make accurate financial reporting decisions and prevent errors, fraud and theft that could lead to significant losses. This course is specifically tailored…
A pen, cash, a wallet, and a calculator sitting on top of an IRS tax form

Jul 27, 2024

Introducing Sprintax Calculus Software

Written by Joshua Lagunas. The North Carolina Office of the State Controller negotiated a contract with Sprintax Calculus (Sprintax) for all state agencies, universities, and community colleges to replace International Tax Navigator as the foreign-national tax compliance management software. NC State’s conversion took place on August 1, 2024.  International individuals receiving any payment from NC…
A group of employees joining hands in the backgorund with the NC State Finance Division logo in the foreground

Jul 27, 2024

What does Accounts Payable do?

Written by Arianna Williams. The Accounts Payable (AP) team, a unit within the University Controller’s Office, consists of dedicated and professional staff who ensure university expenditures comply with state, federal and university policies and procedures. The AP team also strives to assist the campus community with navigating the basics of the university financial system. The…
A person touching a digital screen showing icons and text for credit card protection, data protection, fraud prevention, cybersecurity, awareness, and identity protection.

Jun 24, 2024

Red Flag and Identity Theft Prevention Program

Written by Fran Lawrence. The Federal Trade Commission (FTC) has mandated regulation that requires universities to develop and implement a written “identity theft detection, prevention and mitigation program” in response to certain modifications to the Fair and Accurate Credit Transactions Act of 2003. For this program, identity theft is defined as an act of fraud…
A calendar with 2023 ripping to reveal the year 2024

May 23, 2024

Controller’s Office: Year-End Reminders

Written by Arianna Williams. The University Controller’s Office would like to provide the following reminders for fiscal year-end deadlines: Journal Vouchers  Travel Reimbursement Travel reimbursements must be uploaded with supporting documentation and approved at all levels by 5 p.m. on June 14 for June processing.  Imprest Account Reimbursement Reimbursement requests for imprest checking/petty cash accounts…
The cover of the Internal Controls for Financial Data Guide

Apr 25, 2024

Internal Controls for Financial Data Guide

Written by Arianna Williams. The University Controller’s Office is proud to announce the new Internal Controls for Financial Data Guide has been published. This guide offers an introduction to internal controls in the context of financial data, explores the fundamental concepts and principles of internal controls and introduces the importance of internal controls for safeguarding…
A metal wolf statue on campus with the words "Business Connections" and an NC State brick logo in the foreground

Apr 25, 2024

Business Connections Corner

The University Controller’s Office held its monthly Business Connections meeting on April 11. Several topics were discussed, including: Materials from the April Business Connections have been posted on the Controller’s Office website. The upcoming meetings for fiscal year 2025 have been scheduled to resume in September.  If you are interested in presenting or have any…
The introduction screen to Module 1 of Accounting 101

Mar 21, 2024

New Accounting 101 Training

Written by Arianna Williams. We are pleased to announce the new Accounting 101 online course is live and available for registration. This course is designed for staff involved in financial accounting processes and is one of three courses that are part of the Finance Professional 1 certification program.  The other courses, currently under development, are:…
A metal wolf statue on campus with the words "Business Connections" and an NC State brick logo in the foreground

Mar 21, 2024

Business Connections Corner

The University Controller’s Office held its monthly Business Connections meeting on March 14. Several topics were discussed, including:  Material from the March Business Connections has been posted on the Controller’s Office website. The final Business Connections of the fiscal year will be held on April 11. If you are interested in presenting or have any…