Internal Control Overview
| Effective: | 01/03/11 | Approved By: | AVPFA.utsa |
|---|---|---|---|
| Revised: | 01/05/24 | For Assistance Contact: | Controller |
Purpose/Scope
To provide an overview of The University of Texas at San Antonio's internal control framework.
Authority
The UTS142 assigns direct responsibility to each institution's financial reporting officer to establish internal controls over the preparation of the annual financial report.
University Guidelines
Table of Contents
A. What is internal control?
Internal control is a process, enacted by the UT System Board of Regents and UT San Antonio management and other employees, designed to provide reasonable assurance that the university's goals and objectives are being accomplished in these areas:
- Operations: Relating to the effective and efficient use of university resources and safeguarding of university assets;
- Reporting: Including but not limited to reliability, timeliness and transparency of external and internal financial and non-financial reporting; and
- Compliance with applicable laws, regulations and standards.
B. Framework
The university's internal control system is based on a framework comprising the following essential elements:
Related Forms
None at this time.
