Track I – Accounting Practices, Procedures and Protocols
RIT Accounting Practices, Procedures and Protocols
This series is designed to familiarize employees with RIT accounting and budget practices, procedures and protocol, as well as with basic accounting terminology used at RIT. Workshop topics include the chart of account structure; the budget process; understanding journal entries, transfers and chargebacks; accounts payable and payroll processes; accounting for fixed assets and capital projects; using Oracle standard and fsg reports and reconciling monthly statements; purchasing; travel and procurement card processes; accounting for grants and contracts, accounting for gifts and other project income and expenses; purchasing processes and procedure; and, completing accounting and payroll forms. Employees who perform financial functions, including travel and procurement card administration, as part of their role at RIT will benefit from the concepts taught in the series. The program will be presented by RIT subject matter experts in a series of thirteen workshops conducted throughout the academic year. Employees who attend all required workshops in the Accounting Series will receive a certificate of completion. Required courses are indicated by an *. Note: All workshops include information that will benefit RIT employees who work at NTID.
Please note: There are new requirements for the certificate.
| Workshop | Link |
|---|---|
| Workshop I | Introduction to Accounting |
| Workshop II | The Budget Process at RIT
or The Budget Process at NTID |
| Workshop III | Understanding Journal Entries & When to Use Transfers |
| Workshop IV | Accounts Payable Process |
| Workshop V | Accounting for Fixed Assets & Capital Projects |
| Workshop VI | Payroll Processes |
| Workshop VII | Using Oracle Reports to Reconcile Your Budget |
| Workshop VIII | Accounting for Gifts, Endowments & Other Projects |
| Workshop IX | Purchasing Processes & Procedures |
| Workshop X | Travel Policies & Procedures |
| Workshop XI | Procurement Card Processes |
| Workshop XII | Accounting & Payroll Forms |
To receive a certificate of completion in recognition of the investment you have made in your career development and enhancing your skill set at RIT, you will need to complete all of the above bolded workshops.
Balance Sheet Account Reconciliations
This workshop is designed to assist employees who are responsible for preparing balance sheet account reconciliations for their department.
The RIT accounting staff will provide hands on training that covers why reconciliations are required, which Oracle report to use, what form to complete, how to resolve discrepancies, and why the reconciliation has to be "certified".
Session Information:
Date: March 10, 2009
Time: 10 – Noon
Location: CIMS Rm. 2140
If you require interpreting services, please contact cpdcoop@rit.edu as soon as possible.
Facilitator Information:
This session is supported by the RIT Accounting Department.
