University of Virginia Process Simplification
Process Simplification

New Internal Financial Model

The goal of the new Internal Financial Model project is to design and implement a comprehensive and sustainable revenue attribution and cost allocation model that aligns activity, responsibility and accountability among and between all the units at the University which contributes to Academic excellence.

The project includes all organizations and systems to support the University, including schools, central administrative units, academic support units, auxiliaries, self-sufficient units, and /or the Medical Center (Hospital), and the University of Virginia’s College at Wise, as well as certain affiliated organizations, such as the Health Services Foundation (HSF) and the Southwest Virginia Higher Education Center.  Other affiliated organizations, such as University related foundations, may be impacted by the new model, particularly in the area of allocating the cost of services provided by or received from those organizations.






© Copyright 2014 by the Rector and Visitors of the University of Virginia
Last Modified: 28-Jun-2011 11:03:52 EDT