Policies
Click to review the below policies related to internal controls:
FIN-ACC-30: Fiscal Misconduct
Click the above link to review the Indiana University policy on fiscal misconduct. The objective of this policy is to establish the consequences of fiscal misconduct and the proper reporting mechanisms to be used for notification of known or suspected fiscal misconduct. Review this policy for detailed information about fiscal misconduct, the scope of the policy, the reason for this policy, detailed procedures, the history of this policy, and common definitions around fiscal misconduct. Following this policy ensures compliance with laws, university policy, and federal protections.
FIN-ACC-35: Fraud
Click the above link to review the Indiana University policy on fraud. The objective of this policy is to establish the consequences of fraud and the appropriate reporting mechanisms to be used for notification of known or suspected fraud. Review this policy for detailed information about fraud and the process for notifying officials of fraud, the scope of the policy, the reason for this policy, detailed procedures, the history of this policy, and how fraud is defined at IU.
FIN-ACC-470: Internal Controls
Click the above link to review the Indiana University policy on internal controls. The objective of this policy is to establish best practices regarding internal controls at Indiana University. The university is required by Federal regulations, including Uniform Guidance and Generally Accepted Accounting Principles (GAAP), to maintain an effective internal control structure.
FIN-ACC-650: Financial Compliance: Authority and Accountability
Click the above link to review the Indiana University policy on fiscal compliance, authority, and accountability. This policy contains information about roles and responsibilities at Indiana University. In particular, this policy is focused on outlining the authority for the university’s external financial audits, fiscal internal controls, and related compliance. This policy outlines the delegation of financial policy, standards, transactions, systems, and reporting as it relates to external financial compliance for the university as a whole.