Policy:

University employees are responsible for safeguarding University resources and ensuring they are used only for authorized purposes, in accordance with University rules, policies, and applicable law. All employees are responsible for reporting suspected theft, fraud, or unlawful or improper use of public funds or property.

Definition:

As used in this policy, "theft, fraud or unlawful or improper use of public funds or property" includes:

1. stealing, larceny or embezzlement;
2. making or altering documents or files with the intent to defraud;
3. purposely inaccurate accounting or financial reporting at any level;
4. fraudulent conversion or misappropriation of public resources, including funds, supplies or other property;
5. improper handling or reporting of financial transactions;
6. authorizing or receiving compensation for goods not received, services not performed or hours not worked, including payment or receipt of a bribe, kickback or other unlawful or unauthorized payment.

Sponsored by: Vice President for Business Affairs

Original: May 2007

Revised: August 2009

Revised: October 2009