Source: http://www.uncg.edu/ucn/compliance/
Timestamp: 2013-12-08 23:13:37
Document Index: 174222705

Matched Legal Cases: ['§ 1092', '§ 668', '§ 1011', '§ 1011', '§ 1011', '§ 1011', '§ 31', '§ 1', '§ 1094', '§ 100', '§ 1602', '§ 6050', '§ 6050', '§ 827', '§ 1304', '§ 6050', '§ 654', '§ 1', '§ 6050']

UNCG Compliance Calendar
Annual (No Date Specified)
On Going/As Needed
Equity in Athletics Disclosure Act of 1994 (Athletics)
20 U.S.C. § 1092g; 34 C.F.R. §§ 668.41 and 47.
Each coed institution of higher education that participates in Title IV programs, and has an intercollegiate athletic program, must no later than October 15th of each year, make available on request to enrolled students, prospective students, and the public, the report required to be produced under this law. Within 15 days of making the report available to students, prospective students, and the public, (at the latest October 30th each year) the school must submit the report to the Secretary of Education. Catholic University Compliance Calendar,http://counsel.cua.edu/thebasics/compliance.cfm. Report must be submitted by January 15th to the NCAA. The report accounts for all revenues provided/raised and expenditures incurred by the ICA for the fiscal year ending June 30. An annual financial audit of this report is conducted by an outside firm (McGladrey & Pullen) per NCAA Bylaw 6.2.3. This report is prepared in conjunction with the University’s Internal Auditor.
Higher Education Act of 1965 and Higher Education Amendments of 1998 (Office of Contracts and Grants) 20 U.S.C. § 1011. Whenever any institution is owned or controlled by a foreign source or receives a gift from or enters into a contract with a foreign source, the value of which is $250,000 or more, considered alone or in combination with all other gifts from or contracts with that foreign source within a calendar year, the institution shall file a disclosure report with the Secretary on January 31 or July 31, whichever is sooner. 20 U.S.C. § 1011(f)(a) (2008). If an institution . . . is within a State which has enacted requirements for public disclosure of gifts from or contracts with a foreign source that are substantially similar to the requirements of this section, a copy of the disclosure report filed with the State may be filed with the Secretary in lieu of a report required . . . of this section. The State in which the institution is located shall provide to the Secretary such assurances as the Secretary may require to establish that the institution has met the requirements for public disclosure under State law if the State report is filed. 20 U.S.C. § 1011(d)(1) (2008). If an institution receives a gift from, or enters into a contract with, a foreign source, where any other department, agency, or bureau of the executive branch requires a report containing requirements substantially similar to those required under this section, a copy of the report may be filed with the Secretary in lieu of a report required under . . . this section. 20 U.S.C. § 1011(d)(2) (2008). Internal Revenue Code: W-2 Forms (Payroll)
26 CFR § 31.6051-1.
1099 Forms (Accounts Payable) 26 C.F.R. § 1.6041-1.
By January 31 of each year, shall make an information return for the previous calendar year with respect to payments made of fixed or determinable income in excess of $600.00.
Program Participation Agreements and IPEDS (Office of Institutional Research) 20 U.S.C. § 1094(a)(17), 34 C.F.R. § 100.6, 29 C.F.R. §§ 1602.48-50.
As part of the program participation agreements signed in connection with financial aid, an institution must complete surveys conducted as a part of the Integrated Postsecondary Education Data System (IPEDS) or any other Federal postsecondary institution data collection effort, as designated by the Secretary, in a timely manner and to the satisfaction of the Secretary. Filing the required IPEDS forms also fulfills certain reporting requirements under Titles VI and VII and the ADA. Winter collection closes on or about January 4. Catholic University Compliance Calendar, http://counsel.cua.edu/thebasics/compliance.cfm.
Student Loan Interest Reporting (Financial Aid) 26 U.S.C. § 6050S, 26 CFR 1.6050S-3 and 26 CFR 1.6050S-4T (see 67 FR 20901 final and temporary regulations).
Under I.R.C. § 6050S lenders, including most colleges and universities that participate in the Perkins Loan Program or operate institutional loan programs, must report student loan interest payments to the IRS. This is done by filing Form 1098-E, which must be filed with the IRS on or before February 28, or March 31 if filed electronically. The required statement to all persons who made student loan interest payments must be sent to the payor on or before Jan. 31 of the year following the calendar year in which the interest payments were received. The statement may simply be a copy of Form 1098-E. Catholic University Compliance Calendar, http://counsel.cua.edu/thebasics/compliance.cfm.
The Controlled Substances Act of 1970 (Office of Safety) (Research Compliance) 21 U.S.C. § 827, 21 CFR § 1304.33.
Reporting obligations for those registered to manufacture and distribute controlled substances. By Jan. 15th of every year, file reports with data on the stocks of each controlled substance on hand by close of business on Dec. 31 of prior year. Manufacturing transaction reports are also to be filed by Jan. 15th for prior calendar year. Acquisition/Distribution reports shall be filed every quarter not later than the 15th day of the month succeeding the quarter for which it is submitted. Catholic University Compliance Calendar, http://counsel.cua.edu/thebasics/compliance.cfm.
Tuition Payment Credit Reporting Requirements (Cashiers and Student Accounts Office – “CASAO”)
26 U.S.C. § 6050S, 26 CFR 1.6050S-2T.
An institution or insurer must furnish a statement to each individual for whom it is required to file a Form 1098-T, on or before January 31 of the year following the calendar year in which payments were received, or amounts were billed, for qualified tuition and related expenses, or reimbursements, refunds, or reductions of such amounts were made. Catholic University Compliance Calendar, http://counsel.cua.edu/thebasics/compliance.cfm. State Reporting
Accounts Receivable Report to North Carolina Office of State Controller (quarterly) (CASAO)
Calculate and remit parking fines to Office of State Budget and Management (monthly) (Accounting Services)
Employment Statistical Data submitted to Department of Labor (monthly) (Payroll)
Historically Underutilized Businesses (HUB) Report submitted to North Carolina Office of State Controller Division of Purchase and Contract (Purchasing) (quarterly)
Report due January 30 Financial status report as required by State agencies (Office of Contracts and Grants) (monthly report)
Full Scholarship Book Issuance Audit (August/January) (annual) (Athletics)
Conducted each semester on randomly selected student-athletes receiving books.
North Carolina Department of Administration Motor Fleet Management Mileage Logs (University-wide) (monthly report)
For State agencies that have been issued vehicles, travel logs must be entered electronically via the web by the 15th calendar day following the month of use. Log sheets must be available for audit for three years.
NC-5 Reconciliation (quarterly) (Payroll)
NC-5 4% Withholding (quarterly) (Tax Compliance)
Sales Tax Returns (quarterly) (Foundation Accounting)
SBI Incident or arrest report data (Campus Police) (monthly report)
State agency data collection form (copy of report sent to State Auditor must be sent to State Office of Management and Budget) (by January 31st) (annual) (Office of Contracts and Grants)
State Construction Office Requirement for Steam Production and Efficiency (Physical Plant) (monthly report)
Transmit monthly transactions to the North Carolina Accounting System (“NCAS”) and reconcile BD-701, BD-725, and trial balance to NCAS and UFDM (Financial Reporting) (monthly)
Wage and Tax Report (NCUI-101) to North Carolina Employment Security Commission (quarterly) (Payroll)
IBC reporting to NIH (annual report due February 27) (Office of Research Compliance)
Occupational Safety and Health Act of 1970 (OSHA) (Office of Safety)
29 U.S.C. § 654, 29 CFR 1904.32.
Employers with 11 or more employees must post, from February 1 to April 30, a summary of the total number of job-related injuries and illnesses that occurred in the prior calendar year. Required to post the annual totals of the information contained on the right-hand portion of OSHA Form 300, "Log and Summary of Occupational Injuries and Illnesses. The form is to be displayed wherever notices to employees are usually posted. Catholic University Compliance Calendar, http://counsel.cua.edu/thebasics/compliance.cfm.
Return of Information as to Payments to Employees (Payroll)
26 CFR § 1.6041-2.
Employers must file Form W-2 for wages paid to each employee from whom income, social security or Medicare taxes were withheld or income tax would have been withheld if the employee had claimed no more than one withholding allowance or had not claimed exemption from withholding on Form W-4. Anyone required to file Form W-2 must file Form W-3 to transmit Copy A of Forms W-2. The employer must file these forms with the IRS by February 28, or March 31 if filed electronically. Catholic University Compliance Calendar, http://counsel.cua.edu/thebasics/compliance.cfm.
Tuition Payment Credit Reporting Requirements (Cashiers and Student Accounts Office – “CASAO”) 26 U.S.C. § 6050S, 26 CFR 1.6050S-2T.
Form 1098-T must be filed with the IRS by February 28 (or March 31, if filed electronically) of the year following the calendar year during which payments were received. The proposed regulations requiring filing Forms 1098-T on magnetic media impose no additional reporting or record keeping and only prescribe the method of filing information returns that are already required to be filed. Catholic University Compliance Calendar, http://counsel.cua.edu/thebasics/compliance.cfm.
Employment Statistical Data submitted to Department of Labor (m