Planning & Financial Management

Planning and Financial Management (PFM) at Yale is an initiative to coordinate financial management responsibilities of the unit business offices, central offices, information systems, and University financial policies into a cohesive financial management environment at Yale. The University’s goal is to have efficient, effective, timely and standardized financial management processes that are clearly understood by our entire community of business professionals. Led by Business Operations and the Division of Finance, in partnership with Internal Audit, Research Administration, Procurement, and Yale Shared Services, the PFM program includes initiatives, projects, training, and tools that focus on the following key areas of financial management:

  • Internal Controls
  • Planning, Budgeting & Forecasting
  • Chart of Accounts Standardization & Accounting Practices
  • Financial Review & Reporting Standards
  • Grant & Contract Management
  • Gift/Endowment Management
  • Business Activity Rhythm

PFM is guided by a set of key principles and practices that apply to the entire campus, not only to unit business offices or to central process owners. Click on the links for the various areas of Planning and Financial Management to find tools, useful information, and to learn more about our shared responsibility for stewardship of Yale’s financial assets and information.

Business Operations PFM Steering Team Charge

PFM Priorities