Responsible for the accounting operations of the university including the production of periodic internal and external financial reports, maintenance of the accounting records and systems, internal controls over financial reporting designed to mitigate risk, the accuracy of the university's reported financial results in compliance with generally accepted accounting principles (GAAP).
Resources on university reporting including IPEDS, Middle State, regulatory, and accounting guidance.
Resources on Unrelated Business Income Tax (UBIT) and sales tax compliance.
View annual consolidated financial statements here.
Access training resources for accounting.
Resources on cash handling, accepting credit cards, cash incentives, and working funds.
If you are new to the university or have moved to another department and need to update your KFS access, please complete the KFS Access Request Form.
General Accounting reviews and approves financial documents before posting the financial statements. See details of our data-driven approach to reviewing financial documents:
General Accounting Approval Procedures of Financial Documents
Integrated Postsecondary Education System (IPEDS) is a primary source for information on US colleges and universities. It is an essential tool used by Congress, Policymakers, Department of Legislative Services (DLS), and all of higher education. The Office of the Controller prepares the financial portion of the annual IPEDS reports. See reported statistics of UMD here:
The Middle State Commission on Higher Education (MSCHE) is responsible for more than 525 accredited and candidate institutions in Delaware, the District of Columbia, Maryland, New Jersey, New York, Pennsylvania, Puerto Rico, the US Virgin Islands, and other locations abroad. The Annual Institutional Update or AIU is part of MSCHE monitoring activities.
The Office of Controller reviews Accounts Payable (AP) activity subsequent to year end to determine unrecorded liability/revenue. See detailed procedure here:
Estimating Unrecorded Liability/Revenue by Fund for the Interim and Year-end Statements