Skip to Search Skip to Navigation Skip to Content

Section 1: Internal Control

Monitoring Activities

Effective Date:

06/21/11

Approved By:

Lenora Chapman, Associate Vice President for Financial Affairs

Last Revised On:

n/a

For Assistance Contact:

Assistant Vice President for Financial Affairs and Controller

(210) 458-6914

PURPOSE/SCOPE

To provide an overview of the Monitoring Activities element of internal control.

AUTHORITY

UT System policy UTS142.1 assigns direct responsibility to the Institutional Financial Reporting Officer to establish internal controls over the preparation of the Annual Financial Report (AFR). Monitoring activities are essential for effective internal control.


UNIVERSITY GUIDELINES

The performance of internal control systems must be monitored and periodically assessed, and any deficiencies must be reported and corrected. For an example of a monitoring activity, see UTSA Financial Management Operational Guideline (FMOG) Monitoring Plan for Segregation of Duties and Reconciliation of Accounts. Other examples include the testing of Fiscal Management Sub-Certifications (see FMOG Fiscal Management Sub-Certification Work Plan) by the Office of Audit, Compliance and Risk Services. For more information on monitoring activities, see the Audit, Compliance and Risk Services website.

For an overview of internal control, see FMOG Internal Control Overview.


DEFINITIONS

Date Description

Financial Reporting Officer

The UTSA Associate Vice President for Financial Affairs is designated as the Financial Reporting Officer.

REFERENCES/LINKS

RELATED FORMS/WORKSHEETS

None at this time.


REVISION HISTORY

Date Description

06/21/11

Published new statement.


In All We Do, We Do With Excellence - Every Person - Every Day - Every Job
         

Operational Guidelines

Helpful Links