Fiscal misconduct

As defined and illustrated in the Administrative Policy Statement Fiscal Misconduct Reporting and as defined by Regent Policy 13.E: Fiscal Misconduct – fiscal misconduct means a deliberate act or failure to act in the course of university employment regarding fiscal matters, contrary to established law, rule, or policy, with the intent to obtain an unauthorized benefit, which results in loss or other damage to the university or university faculty, staff, student or university affiliated entity. Fiscal misconduct includes, but is not limited to:

 - embezzlement or misappropriation of university funds, goods, property, services, or other resources;
 - improper handling or reporting of financial transactions;
 - authorizing or receiving compensation for goods not received or services not performed;
 - authorizing or receiving compensation for hours not worked;
 - forgery or unauthorized alteration of financial documents or records;
 - diverting funds to an unrelated private enterprise that otherwise could be available to the university; and
 - suspected fiscal misconduct that is a reasonable belief or actual knowledge that fiscal misconduct has occurred or is occurring.

Fiscal misconduct also includes attempted fiscal misconduct. Attempted fiscal misconduct exists when an employee, with the intent to obtain a financial gain, engages in a deliberate act or failure to act that constitutes a substantial step towards committing fiscal misconduct, even though that act or failure to act did not result in loss or other damage to the university or university faculty, staff, student, or university affiliated entity.