Internal control—a process affected by a college or university's governing board, administration, faculty, and staff—is designed to provide reasonable assurance regarding the achievement of objectives ...

One person should not be able to initiate, record, authorize, execute and review a transaction. Reconciliations should be performed by a person independent of the basic process. A good internal ...

Internal control as defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) is a process, affected by an entity's board of directors (trustees), management, and other ...

The Policy, Compliance and Internal Controls Office provides oversight for university policy development and ... their day-to-day roles and responsibilities within certain defined boundaries. The ...