Financial Accounting and Controls

DEFINITIONS

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Auxiliary Enterprise

An auxiliary enterprise is an entity that exists predominantly to furnish goods or services to students, faculty or staff, or incidentally to the general public or other campus departments. However, the primary function of an auxiliary enterprise is not direct teaching, research or public service.
A distinguishing characteristic of an auxiliary enterprise is that its activities are managed to be essentially self-supporting. An auxiliary enterprise charges fees related to the cost of the goods or services provided.


Educational Activities

Educational activities revenues are revenues that are related incidentally to the conduct of instruction or research or are derived from public service activities. Such revenues, for example, may be derived from instructional and laboratory activities that may incidentally create goods and services that are sold to students, faculty, staff and the general public.