Department Holder & Project Holder Responsibility

Policy number: 
10.005
Policy description: 

University of North Texas employees are responsible forall funds entrusted to them andforall financial transactions made by themin accordance with applicable state and federal laws and University policies and procedures.TheHolder isultimatelyresponsible and accountable for all financial transactions for their department/project.

Policy owner: Senior VP for Finance and Administration
Policy contact: 
April Barnes
AVP for Budget and Analytics
Division of Finance and Administration
Applies to: 
Faculty, Staff, Students, All University
Date Issued: 
Sunday, August 1, 1993

Last updated: 

Date: 
01/22/2020
Action: 
Revision
Comments: 
The policy was revised to align policy with Budget practice and to reflect new terminology resulting from an upgrade in the Financial System and Chart of Accounts.
Date: 
04/03/2012
Action: 
Revision
Comments: 
Revised to eliminate the requirement that DeptID holders certify monthly financial transactions for which this individual is the holder of record. Effective 4/3/2012.
Date: 
09/22/2011
Action: 
Revision
Comments: 
Requires that all funds entrusted to and all financial transactions made by its employees shall be managed in accordance with applicable university policies and procedures. Effective 9/22/2011.
Date: 
07/01/2007
Action: 
Revision