Our Services: Accounts Payable Accounting Business Office Capital Asset Accounting Cashier's Office Controls & Accountability Costing Policy & Analysis Education & Support Services Equipment Management Employee ID Card Program Extramural Funds Accounting Faculty Home Loan Program General Accounting Internal Control Materiel Management Payroll Project Management Office Student Accounting Systems Development Systems Operations Tax Accounting Travel Management

Feedback Comments, questions or
  suggestions? Let us know.

Home  ·  FAQ  ·  Forms  ·  Search

Accounting Principles of Community

The UC Davis Principles of Community is an excellent framework that provides us with shared values and principles for working together. These values and principles also guide us in making business decisions and using DaFIS.

The fourth principle states, "We recognize that each of us has an obligation to the community of which we have chosen to be a part. We will strive to build a true community of spirit based on mutual respect and caring."

Demonstrating our obligation to the community includes being good stewards of the resources entrusted to us. We meet this obligation, according to our Accounting Manual, by:

• processing properly and accurately all receipts and disbursements of funds;
• accounting for all financial resources received and used;
• ensuring that all financial transactions conform to legal requirements and administrative policies, and are recorded in accordance with generally accepted accounting principles for colleges and universities; and,
• providing reports that present to University administrators and the public a complete picture of the University's funds and their uses.

We are good stewards when we charge expenditures to the proper account, record similar transactions the same way, and recognize revenues and expenditures in the correct fiscal period. We are also good stewards when we do not share our DaFIS passwords, and take the time to understand the transactions or documents we approve.

We show mutual respect and caring for our community by recognizing that we are all stakeholders in the University. The funds we account for include the hard-earned dollars that come from you and your co-workers in the form of taxes, gifts, fees and purchases. Every DaFIS transaction demonstrates whether or not we respect and care for our community. Let's show that we do!