2006 Year End Memo


The University's fiscal year-end of May 31, 2006, is rapidly approaching and once again we ask your co-operation to ensure that all charges pertaining to the current fiscal year 2005-2006 are included in this year's results. Please note that there is no guarantee that documents or requests received after the deadlines listed below will be processed against the current fiscal year. The Accounting staff will use their judgment, based on materiality, circumstance and accounting principles, to ensure the revenues and expenditures are applied to the appropriate fiscal year. Please do not authorize a charge to your FOAPAL, be it an internal or external purchase, if the goods or services will not be delivered by May 31, 2006.