Business and Finance Website Offers Detailed Information About Fiscal Year-End Processing

06/08/2021

Saint Louis University is required to comply with the financial reporting requirements promulgated by the Financial Accounting Standards Board (FASB). Consequently, the University must ensure that transactions are recorded in the appropriate fiscal year. Revenues and expenses must be matched with the fiscal year to which they pertain.

The Year-End Processing page on the Business and Finance website offers dates and detailed information about fiscal year end, which ends on June 30.

The page provides information on revenues, gifts, expenses and encumbrances. Visitors also can find a year-end processing checklist.