Office of the Controller

Controls Program

Goals and Objectives

  1. Develop a campus environment in which ethics and integrity are fundamental to and integrated into all business practices
    • Identify and address financial accountability and campus business ethics issues
    • Assess the present campus financial control environment
    • Identify high level and operational campus objectives and associated risks
    • Promote an understanding of fiduciary responsibility
  2. Establish and maintain efficient and effective financial processes and controls to mitigate risks
    • Review campus and departmental processes to evaluate if appropriate and manageable controls minimize risks
    • Eliminate processes that do not add value
    • Provide training to departments to ensure their internal controls are effective in managing risks to an acceptable level of exposure
    • Perform process risk assessments
  3. Ensure that responsibility for financial controls is assigned to the appropriate levels
    • Identify and address concerns over roles and responsibilities of faculty and staff involved in campus financial matters
    • Develop programs, training materials, and support mechanisms which will enable campus business leaders to establish appropriate roles and responsibilities within their units
  4. Create an on-going program of self-assessment to ensure continuous improvement of campus control processes
    • Develop programs, training materials, and support mechanisms which will enable campus business leaders to continually assess the condition of the financial control environment in their units and make changes as needed
  5. Ensure that campus financial policies and procedures are clear, adequate in scope, current, and properly disseminated
    • Rescind out-dated financial policies and procedures in favor of Office of the President promulgation when appropriate
    • Work with functional units to improve policies and proceduresv
  6. Measure the achievement of the Control Program’s goals and objectives
    • Evaluate results of internal and external audits
    • Evaluate the number and severity of investigations
    • Evaluate external funding agency disallowances
    • Review evaluations by Control Program participants
    • Review the number of policies and procedures examined and updated annually