The University of Tennessee System
 

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UNIVERSITY OF TENNESSEE SYSTEM POLICY
FISCAL

POLICY NO: FI0150 SUBJECT:  APPROVALS  
EFFECTIVE: 12/01/2003  

TOPICS:
General Policies Procedures
Delegating Approval Authority Forms

OBJECTIVE:

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To provide policies regarding the department head's responsibility for approving financial and human resources transactions and guidelines for delegating approval authority.


POLICY:

General Policies[top]

  1. Within the university's organizational structure, the individual designated as department head for a fund center has the inherent authority to approve financial and human resources transactions for that department. The department head may designate one or more alternate approvers for such transactions.


  2. The department head is responsible for ensuring the transactions he or she (or the designee) approves are reasonable, appropriate, and comply with university policies and procedures.


  3. Failure to comply with the university's policy on approvals may result in disciplinary action.

Delegating Approval Authority[top]

  1. Only the designated department head (or the individual to whom he or she reports) can officially delegate approval authority. When designating an alternate approver, the department head must acknowledge the delegation of approval authority does not diminish his or her ultimate responsibility and accountability for the fund center's transactions.


  2. To designate an alternative approver, the department head must submit the IRIS USER ID REQUEST/CHANGE FORM. By submitting this form, the department head is certifying the following conditions are true regarding the employee proposed for an approval role:

    1. The employee's position is classified as exempt (according to the provisions of the Fair Labor Standards Act).


    2. The employee does not approve any expenditures or payroll transactions in IRIS that he or she has entered or prepared for entry.


    3. The employee has demonstrated sufficient ethical standards and knowledge of university and departmental operations to be entrusted with the responsibility for university funds.

PROCEDURES
:
[top]
 
Knoxville:  http://web.utk.edu/~dfinance/fiscal-policy.shtml
Health Science Center:  http://www.uthsc.edu/policies/w932_document_list.php?app=FSC
Space Institute:   
Chattanooga:   
Martin:  http://www.utm.edu/departments/finadmin/procedures.php
FORMS
:
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