This portion of the book is focused on information and procedures related to internal controls at Indiana University.

Internal controls are crucial to ensure the accuracy, reliability, and integrity of financial processes at IU. By implementing effective internal controls, IU can mitigate risks, prevent fraud, and safeguard assets. Review the below information in full as a thorough understanding of the internal controls process at IU can enhance transparency, accountability, and overall financial management practices.

POLICIES

Review the below policies related to internal controls:

• FIN-ACC-30: Fiscal Misconduct
• FIN-ACC-35: Fraud 
• FIN-ACC-470: Internal Controls
• FIN-ACC-650: Financial Compliance: Authority and Accountability

STANDARDS

Review the below standards related to internal controls:

• Internal Controls
• Financial Process Narrative

CHECKLISTS

There are no checklists related to this portion of the book at this time. Please check back in the future!

TRAINING MATERIALS

There are no training materials related to this portion of the book at this time. Please check back in the future!

OTHER RELATED MATERIALS

Review the below other materials related to internal controls:

• Financial Process Narrative Outline
• Financial Process Narrative Template
• Material Transaction Coversheet Template
• Material Contract Coversheet Template
• API and Integration Request Form Definitions
• API and Integration Request Form

IU Financial SYSTEM REPORTS AND PROCEDURES

Review the below IU financial system reports and procedures related to internal controls:

• Material Transactions Report Instructions
• Material Transactions Report Location