About Financial Reporting
We have always focused on delivering quality financial reporting at the University of Minnesota. In recent years, especially since December of 2010, we have assembled a process by which we have enhanced and delivered stronger financial reporting. Currently three committees help guide financial reporting strategy and theory for initiatives including new reporting development and reporting enhancements. These committees are made up of business process owners from central units and finance directors, business analysts, data analysts or accountants from various colleges across the University. Membership for each of these three committees, including a description for each, is detailed below. Typically, proposals for new reporting or reporting enhancements are vetted through two of the committees (the Finance Report Design Team and the Finance Strategic Reporting Committee). The third committee (the BPO Reporting Team) prioritizes work requests based on feedback from the first two committees. A fourth group (EFS Module Support-Reporting) takes the prioritized list as provided by the BPO Reporting Team and facilitates the technical builds required to meet reporting requirements.
Three committees have been formed to help guide the University's strategy and theory related to financial reporting.
Finance Report Design Team
The Finance Report Design Team, known as the FRDT, consists of people in the University community who create, process, and review transactions in our financial system on a daily basis as part of their normal job duties. The committee was created to provide tactical guidance for the University's central financial reporting units.
Members of the FRDT are:
- Jerian Lind, Medical School
- Kathy Smith, Lab Medicine & Pathology
- Liz Hinske, Epidemiology
- Nathan Kopka, College of Education and Human Development
- Christopher Andrews, Carlson School of Management
- Rick Huismann, College of Food, Agricultural and Natural Resource Sciences
- Sheila Lem, Biomedical Engineering
Finance Strategic Reporting Committee
The Finance Strategic Reporting Committee, known as the FSRC, consists of program and finance directors from the University community. The group was created to provide strategic guidance for the University's central financial reporting units.
Members of the FSRC are:
- Gail Renteria, College of Education and Human Development
- Sue Bosell, UMD Finance and Operations
- Michelle Wills, Carlson School of Management
- Kristy Frost-Griep, Academic Health Center
- Mark Erickson, Humphrey School of Public Affairs
BPO Reporting Team
The BPO Reporting Team consists of the business process owners (BPOs) for financial reporting and the team lead of the EFS Module Support's Reporting Team.
Members of the BPO team are:
Sherrie Kutzler (BPO)
Suzanne Paulson (BPO)
Julie Tonneson (BPO)
Nicole Pilman (BPO)
Brian Krupski (OIT service owner for reporting)
Rob Howieson (EFS Module Support-Reporting Team Lead)
Have an idea or suggestion for financial reporting?
Tell us by filling out this form to provide your ideas, needs, or suggestions. Business process owners review submissions regularly. This link is only for feedback related to Financial Reporting within the University of Minnesota.