The Accounting Department is responsible for maintaining the University's financial accounting system and providing the financial information required by various internal and external customers. It plays an important role in ensuring that the University provides the annual accounting required by the State Constitution and appropriations laws. It also has an important role in preparing financial statements in accordance with the requirements outlined in BOG Statute 2.70, along with supporting the audit activities required by this Statute. In addition to financial reporting, this Department plays a significant role in ensuring that University systems comply with applicable University/external sponsor financial requirements and that these systems adequately protect University assets.