Why is Emory changing its accounting systems?
Emory’s current systems are simply outdated. FAS and CODA are heavily customized, poorly documented, and lack vendor support. These risks, coupled with Emory’s growth over the last 20 years, have initiated the need to implement a new and consistent technology across all of Emory. The goal of the new system is to improve efficiency and functionality and ensure continuity in financial accounting across Emory. Who will be affected by Project Compass? This transition will affect nearly every individual and every department at Emory. If you currently use an FAS subcode for department expenditures, the FAS numbers will change. If you currently use a health care accounting FAS/CODA number, that number may change. This will impact departmental purchases at the bookstore, travel expenses, departmental budgets and University grant accounts, to name a few. When will Project Compass affect you? On Sept. 1, 2009, all FY 2009-2010 expenditures will need to be processed through the new accounting sys