FSC Question # 6

Does the college/unit communicate guidelines for reporting material financial risks, issues, errors, etc. to senior administrators within the college and to the Controller?

Related Policies

  • No existing policy

Related Training and Resources

  • Unit Senior Fiscal Officer
  • Controller's Office

Control Documents

  • Regular recurring meetings with appropriate staff for the purpose of financial review (control document might be schedule of quarterly meetings, agenda, minutes, etc.)
  • Communication to staff (i.e., memo) indicating what process to follow for reporting financial errors, problems, etc.
  • Other documents (audit issues log)