I would like to inform you of important changes in Institutional Accounts (IACTs). We have added new & removed existing IACT(s), updated usage of existing IACT’s and clarified some existing definitions. Please visit http://afr.fo.uiowa.edu/fy2016-changes-institutional-accounts-iacts for a summary of all changes. These changes are also reflected in our Accounting Code Manual (http://www.bo.uiowa.edu/~glaccman/index.cfm).
If you have any questions or comments, please send them to Accounting & Financial Reporting. Have a great weekend!