Monitoring Activities
| Effective: | 06/21/11 | Approved By: Senior Associate Vice President for Financial Affairs and Chief Financial Officer | |
| Revised: | 01/05/24 |
For Assistance Contact: Controller
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Purpose/Scope
To provide an overview of the monitoring activities element of internal control.
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. Monitoring activities are essential for effective internal control.
University Guidelines
The performance of internal control systems must be monitored through both ongoing and periodic assessments. Monitoring activities include regular management and supervisory activities and other actions personnel take when performing their duties. Any deficiencies must be reported to those responsible for corrective action, and the corrective actions must be monitored. For examples of UTSA's monitoring activities, see fmog.1.6.1.utsa. Another example is the testing of Fiscal Management Sub-Certifications (see fmog.1.4.3.utsa). For more information on monitoring activities, for example Quality Assurance Reviews, see ICRS.utsa.
For an overview of internal control, see fmog.0101.utsa.
Related Forms
None at this time.
