Clickable staff directory icon.
Clickable forms icon.
Clickable org chart icon.
Clickable about us icon.

Budget and Finance Symposium | Fall 2019

chairs sitting in groups
Registration is now full. Please sign up on the Interest List to be notified about future events.

December 2 & 4, 2019 | ARC Conference Center

At the Fall Budget and Finance Symposium, you will gain a greater understanding of how your work relates to the university’s budget planning and financial outcomes. You will also walk away with useful budget and accounting techniques that you can apply in your own units.

All those who are involved in strategic budget planning and financial management (MSOs, CAOs and others) are encouraged to participate.

If you participated in the inaugural Budget and Finance Symposium in March, you do not need to participate in the Fall Symposium. The program will be very similar.

This event is free to UC Davis staff.

Questions? Contact Dolores Mejia.

Program of Events:

Day One

  1. Budget Concepts – Deploying Resources to Support Your Plans
    Gain a deeper understanding of why we budget, what a budget is, how to determine the right level at which to plan, and how budgets support strategic plans and unit/program goals. Learn about a number of budget methods and models used in higher education and how they can be applied or understood in the context of your unit.
  2. Accounting Concepts
    In this session, we review the basic accounting principles that guide the university’s financial policies and procedures. We also discuss GAAP, GASB, NACUBO, double entry accounting, and matching principles. 
  3. Account Attributes
    Learn the attributes that make up the chart of accounts and the importance of each within financial reporting. In this section, topics such as UC account, UC fund, Higher Education Function Code, and object codes are covered.
  4. Financial Management and Controls
    Learn the definition of internal controls and how controls are an integral part of the financial operations of the university. In addition, receive an introduction to our ledger review system, including Analytical Ledger Review (ALR), Management Ledger Review (MLR), and Quarterly Ledger Review (QLR). In this session, we touch on internal and external audits and fiscal officer responsibilities and resources. Travel and entertainment best practices are also covered.

Day Two

  1. Budget Creation Cycle
    In this session, we used interactive scenarios to work collaboratively with colleagues from across the campus to identify, learn, and practice techniques for developing budget plans. This session emphasizes the influence of your environment, stakeholders, and decision makers in how a budget plan is developed and evaluated within the context of an organization.
  2. Financial Reporting
    Learn about the financial statements and financial schedules produced by the university and how the work done across UC Davis supports this effort. In addition, learn about the fiscal close process and related timelines for units and the central office, as well as tips for getting ahead of this process to avoid the time crunch. In this session, we also spend some time understanding the composite benefit rate and the indirect cost rate and how this works at UC Davis.
  3. Bringing Budget and Accounting Together
    Learn about how accounting concepts and budget concepts come together to support both financial planning and the analysis of financial outcomes. In this session, we also touch on Aggie Budget and the importance of KFS Organizations.