Recent News Articles

Ascend Project Relaunching October 1, 2021

Administrative Vice Chancellor Michael J. Beck and 
Vice Chancellor and CFO Gregg Goldman

 

To UCLA Faculty and Staff:

In our last update in the summer of 2020, we shared our vision and timetable for UCLA’s financial system transformation project known as Ascend. We are now pleased to announce that the Ascend Project will relaunch on October 1, 2021.

  • June 01, 2021

CoA Decisions & What They Mean for UCLA

The New CoA

The Ascend Project has finalized the UCLA Chart of Accounts (CoA), a critical milestone that is imperative to UCLA financial operations. The CoA will replace the current Full Accounting Unit (FAU) structure for recording financial transactions.

  • May 26, 2021

New Ascend Timeline

Office of the Administrative Vice Chancellor
Office of the Vice Chancellor and Chief Financial Officer

To UCLA Faculty and Staff:

  • June 15, 2020

The Ascend Project Launches at UCLA

UCLA is happy to announce the launch of the Ascend Project, which aims to modernize UCLA's aging financial systems with Oracle Cloud.  

Ascend is a comprehensive, multi-workstream initiative that has a planned duration of two years, culminating with the new system's go-live in July, 2021. 

UCLA’s legacy financial systems were designed decades ago using now-outdated technology. Today’s technology continues to evolve rapidly. As one of the world’s most prestigious public research universities, UCLA and its financial systems must also evolve.