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CON Budget/Financial Principles and Practice: Difference between revisions
CON Budget/Financial Principles and Practice (view source)
Revision as of 16:25, April 29, 2015
, April 29, 2015→Professional Development Accounts
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===Professional Development Accounts=== | ===Professional Development Accounts=== | ||
<p style="margin-bottom:15px;">Professional development accounts are established at the request of individual faculty to hold funds generated by supplemental compensation, faculty clinical practice, consultations, or other revenue earnings within the faculty role. </p> | <p style="margin-bottom:15px; max-width:70em !important;">Professional development accounts are established at the request of individual faculty to hold funds generated by supplemental compensation, faculty clinical practice, consultations, or other revenue earnings within the faculty role. </p> | ||
<p style="margin-bottom:15px;">Expenditures from professional development funds are subject to University and State regulations. These funds are used for professional activities and not personal use. Examples of appropriate expenses are:</p> | <p style="margin-bottom:15px; max-width:70em !important;">Expenditures from professional development funds are subject to University and State regulations. These funds are used for professional activities and not personal use. Examples of appropriate expenses are:</p> | ||
<ul style="margin-bottom:15px;"> | <ul style="margin-bottom:15px; max-width:70em !important;"> | ||
<li>Travel to professional conferences</li> | <li>Travel to professional conferences</li> | ||
<li>Membership in professional organizations</li> | <li>Membership in professional organizations</li> | ||
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<li>Salary and benefit costs for support personnel (e.g., graduate assistant, transcriptionist, hourly worker for research data entry)</li> | <li>Salary and benefit costs for support personnel (e.g., graduate assistant, transcriptionist, hourly worker for research data entry)</li> | ||
</ul> | </ul> | ||
<p style="margin-bottom:15px;">Examples of disallowed expenditures include:</p> | <p style="margin-bottom:15px; max-width:70em !important;">Examples of disallowed expenditures include:</p> | ||
<ul style="margin-bottom:15px;"> | <ul style="margin-bottom:15px; max-width:70em !important;"> | ||
<li>Office decoration/artwork</li> | <li>Office decoration/artwork</li> | ||
<li>Flowers</li> | <li>Flowers</li> | ||