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New Course Announcement: IT Procurement Training

Finance News

Our Three Winners Giving Space memorial plaque

Jun 19, 2023

Our Three Winners Giving Space

Written by Martha Neal. On August 13, 2019, the University Cashier’s Office dedicated the Our Three Winners Giving Space in memory of NC State students Deah Barakat, Yusor Abu-Salha and Razan Abu-Salha.  In conjunction with Feed Their Legacy, a united movement by American Muslims to collect and distribute food to the hungry, this giving space…
A cell phone and a tablet, both displaying the Finance Division Knowledge Base

Jun 19, 2023

Year End Foundation Project Balances

Written by Emily Lowman. Did you know that balances in Foundation (Ledger 6) and The Endowment Fund (subset of Ledger 7) projects roll forward annually? The process of rolling these balances forward at fiscal year end is different from other fund sources at the university. The beginning balance roll forward is a manual process completed…
A zoomed-in image of a dictionary, focusing on the word "honorarium"

Jun 19, 2023

Honorariums are Not One-time Supplier Payments

Written by Megan Catt. What is an honorarium? An honorarium is a monetary token of appreciation given in lieu of payment for services. If you want to give an honorarium but the recipient is not set up as a supplier with NC State or their information has changed, you will need to send them an…
A screenshot of the Foundations Accounting & Investments homepage

Jun 19, 2023

FAI Launches a New and Improved Website!

Written by Emily Lowman. The Foundations Accounting & Investments (FAI) website has a new look! While the link remains the same, the look, organization and content are much improved. Visit our website to learn more about who FAI is, including our two offices: Associated Entities Operations (AEO) and the Office of Investments (OI). The new…
A group of employees joining hands in the backgorund with the NC State Finance Division logo in the foreground

Jun 19, 2023

Meet FAI’s Associated Entity Operations Office

Written by Emily Lowman. Foundations Accounting & Investments (FAI) is a multi-service central office at NC State University that reports to the Associate Vice Chancellor for Finance and University Treasurer. Under the direction of Sr. Director Erin Delehanty, FAI exists to support NC State University by providing exemplary accounting, investment and treasurer support services to…
Fran Lawrence, University Controller at NC State University

May 22, 2023

Meet NC State’s Controller

Written by Tabitha Groelle. Fran Lawrence has been appointed NC State University Controller, responsible for fiscal accountability, accuracy and reporting for the $2 billion university enterprise. Lawrence will lead the University Controller’s Office, which administers the payment of wages to over 18,000 staff, faculty, student workers and temporary employees; executes over 90,000 vendor payments annually;…
Six vintage microphones, all different styles, sitting on a wooden table

May 19, 2023

Chatting with Director Maria Brown

Written by Tabitha Groelle. In our fourth edition of the “Chatting With” series, I spoke with Maria Brown, Director of the University Cashier’s Office. The Cashier’s Office has been part of the Finance Division since July 2010. Maria has led this office since 2012. Let’s get to know her a little better.   Tabitha:      Let’s…
A laptop sitting on a desk. The laptop has the University Controller's Office website article on Foreign National Tax Compliance open.

May 19, 2023

TEARS Need Not Make You Cry

Written by Justo Torres. The Employee Activity Reporting System, known as TEARS, is NC State’s official effort reporting system. It is supported through a collaboration between the Office of Contracts and Grants and the Office of Information Technology. To comply with the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance),…
The staff wellness room at the University Cashier's Office

May 19, 2023

Supporting and Encouraging Wellness

Written by Martha Neal. In response to the ongoing mental health crisis on campus, the University Cashier’s Office unveiled the “Wellness Room” for staff during the NC State’s Mental Health Awareness Week in May of this year. The Cashier’s Office works with many at-risk and underserved students. We see students who are struggling with housing…
A laptop computer showing the training module for IT Procurement Training.

May 18, 2023

New Course Announcement: IT Procurement Training

Written by Maria Fister. The Office of Finance and Administration and the Office of Information Technology have partnered to develop IT Procurement Training. This new learning opportunity is designed for NC State staff and faculty who engage in regular procurement activities. For additional information on this training initiative, please refer to the IT Purchase Compliance…