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• Open Comment for New Policy 22.4 Inventory for Resale

  Mar 3, 2025 3:15 pmFY 25Accounting and BudgetingBuying and ContractsEquipment ManagementPaying PeoplePayments to the UniversityPolicies and ProceduresTravel

  The Business and Finance Policy Office announces an Open Comment period from March 3, 2025 - March 17, 2025 for a new policy, 22.4 Inventory for Resale. 

  This policy consolidates and updates two existing policies currently under the heading of Managing Inventory for Resale, including:

  •  Assess Your Merchandise Inventory Management Practices—Business & Finance and 
  • Conduct a Physical Inventory to Adjust Your Merchandise Inventory Record—Business & Finance.

  Please review the proposed changes and provide feedback on the comment blog to be considered before the new policy is published. 

  Contact
  If you have any questions about these changes, please contact the Business & Finance Policy Office at BusFinPolicyOffice@uillinois.edu.