Caption: Booklet - University Business Methods (1925)
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Complete financi 1 • unl of all fund and operations of the University are m in rained b\ the Comptroller. Monthly re] )r of all appropriations are prepared by tl Comptroller and submitted to the variou officers and heads of department . Monthhj reports are also prepared by the Treasurer! Quarterly financial reports are submitted td the Board of Trustees and published in the; minutes of the Board. The accounts and! funds of the University are audited quarterh by a Chicago firm of Certified Public Accountants. An annual report is made by the Comptroller covering the financial operation of the year, which is published. The accounting system of the University is adapted to its organization and procedure, and covers its operations in a comprehensive and intelligible manner. A complete inventory of all equipment of the University is maintained by the Comptroller. Heads of departments to which! 0 # equipment is assigned are accountable for it, and an annual report is made by them concerning it. When equipment is no longer needed in a given department, it is trans ferred to another department where it ma\ be of servi< e.
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