RIT
Finance & Administration

RIT Accounting Practices, Procedures, and Protocol



This series is designed to familiarize employees with RIT accounting and budget practices, procedures and protocol, as well as with basic accounting terminology used at RIT.

Workshop topics include the chart of account structure; the budget process; understanding journal entries, transfers and chargebacks; accounts payable and payroll processes; accounting for fixed assets and capital projects; using Oracle standard and fsg reports and reconciling monthly statements; purchasing; travel and procurement card processes; accounting for grants and contracts, accounting for gifts and other project income and expenses; purchasing processes and procedure; and, completing accounting and payroll forms. Employees who perform financial functions, including travel and procurement card administration, as part of their role at RIT will benefit from the concepts taught in the series. The program will be presented by RIT subject matter experts in a series of thirteen workshops conducted throughout the academic year. Employees who attend all required workshops in the Accounting Series will receive a certificate of completion. Required courses are bolded. Note: All workshops include information that will benefit RIT employees who work at NTID.

Please note: There are new requirements for the certificate.



Workshop
Link

Workshop I
Introduction to Accounting

Workshop II
The Budget Process at RIT 
or
The Budget Process at NTID

Workshop III
Understanding Journal Entries & When to Use Transfers

Workshop IV
Accounts Payable Process

Workshop V
Accounting for Fixed Assets & Capital Projects

Workshop VI
Payroll Processes

Workshop VII
Using Oracle Reports to Reconcile Your Budget

Workshop VIII
Introduction to Accounting for Grants and Contracts

Workshop IX
Accounting for Gifts, Endowments & Other Projects

Workshop X
Purchasing Processes & Procedures

Workshop XI
Travel Policies & Procedures

Workshop XII
Procurement Card Processes

Workshop XIII
Accounting & Payroll Forms

Workshop XIV
Balance Sheet Account Reconciliations

Workshop XV
Internal Controls and Fraud in the Workplace

To receive a certificate of completion in recognition of the investment you have made in your career development and enhancing your skill set at RIT, you will need to complete all of the above bolded workshops.