Internal Control Overview
|Approved By: Senior Associate Vice President for Financial Affairs and Chief Financial Officer
For Assistance Contact: Controller
To provide an overview of the UTSA internal control framework.
The UTS142 assigns direct responsibility to each institution's financial reporting officer to establish internal controls over the preparation of the annual financial report.
Table of Contents
Internal control is a process, enacted by the UT System Board of Regents and UTSA management and other employees, designed to provide reasonable assurance that UTSA's goals and objectives are being accomplished in these areas:
- Operations: Relating to the effective and efficient use of UTSA resources and safeguarding of UTSA 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.
The UTSA internal control system is based on a framework comprising the following essential elements:
None at this time.
|Updated point of contact. Editorial updates in section A.
|Updates to header and University Guidelines sections; minor editorial changes.