Internal Controls

Abstract

Topic Audit [1] Policy Number 350-12 Reviewed Date February 1, 1997 Responsible Office Office of the Senior Vice Chancellor, Finance and Administration [2] Purpose The University has established policies and procedures that incorporate internal controls to help safeguard resources and promote their effective and efficient use. This policy outlines the objectives and principles of campus internal controls, establishes and delineates department managers' responsibilities for implementing internal controls, and establishes Audit and Management Services as the campus unit responsible for reviewing the adequacy of departmental internal controls. Definitions Adequate Control