Internal Controls and Segregation of Duties
This collection of documents and links serves to orient individuals and administrators to the responsibilities of those who design security roles, those who request roles (Department Security Administrator) and those who approve roles (Approver).
An internal control system provides for safeguarding of assets, proper recording of transactions, and the efficient and effective accomplishment of the unit's and university's goals and objectives including compliance with federal, state, and university rules and regulations.
Segregation of duties insures that no single individual can have control over all phases of a transaction (i.e., authorization, custody, and record keeping) without compensating controls.
Internal Control Policies and Links
University of Florida
- University of Florida Internal Control Principles
- University of Florida Internal Control Checklist (January 11, 2007)
- Office of Audit & Compliance Review's Internal Controls Web Site
- Training and Organizational Development PRO3 Courses> Fiscal Management Certification > PRO303-Internal Controls at UF
Finance and Accounting
- Accounting and Reporting > Department Fiscal Responsibility > Internal Controls
- Cash, Collections, Receivables and Investments > General Internal Control Requirements
- Payroll > Maintaining Effective Control
- Training and Organizational Development PRO3 Courses> Fiscal Management Certification > PRO303-Internal Controls at UF
PeopleSoft
- Using Correction Mode in Production Information Systems (February 16, 2007)
