Mission Statement:
The Office of the Treasurer
is responsible for establishing and maintaining the official accounting systems and records, and related systems of internal control, of the University of Kentucky, in accordance with generally accepted accounting principles and with the requirements of the Commonwealth of Kentucky; for providing stewardship and accountability for institutional assets and all financial resources received and used; for providing services and support in the acquisition of goods and services (Purchasing). The Office of the Treasurer will provide leadership, education and assistance for the effective financial management to all academic and administrative units and will manage and dispense financial resources in accordance with applicable policies, restrictions, regulations and laws.
The Office of the Treasurer has University-wide responsibilities for the treasury, investments, banking services, payroll, purchasing, accounts payable, long-term debt, property records and risk management functions, for accounting and preparation of internal and external financial reports including the general purpose financial statements, and the coordination and oversight of the external (independent) audits.
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