Overview How can you, in your role at the university, safeguard assets and be part of a structure that enhances...
Overview When discussing internal controls, there are some terms that are important to consider in this context. Below are important...
Overview There are two basic categories of internal controls – preventive and detective. An effective internal control system will have...
Directive Statement It is recognized that no one control model effectively or efficiently fits the needs of all units across...
Directive Statement In the context of internal controls, paper or electronic documentation which supports the completion of a transaction’s lifecycle...
What are Shadow Systems? A shadow system is a program or spreadsheet that is: Developed/purchased by the end user (such...
