Approving Officials - Procedural Statement
1. Background &ÌýPurpose
Approving Officials (AO) within the university’s procurement card program play a critical role to ensure sound fiscal management of university resources. AOs must adhere to a comprehensive set of responsibilities as set forth in the . Guidance concerning the approval authority of AOs comes from several university sources, including the following:
Approvers may not approve their own transactions, nor are approvers permitted to approve transactions that provide personal reimbursement for their supervisor. —
Every transaction must be approved by an individual having … the authority to challenge or seek further approvals for questionable transactions. —Ìý
The purpose of this Procedural Statement is to support a standard of rigorous internal controls by providing further auth