Audit Committee Presentation FY2011 Audit Plan (annual risk assessment) August 16, 2010

Size: px
Start display at page:

Download "Audit Committee Presentation FY2011 Audit Plan (annual risk assessment) August 16, 2010"

Transcription

1 Audit Committee Presentation FY2011 Audit Plan (annual risk assessment) August 16, 2010

2 INTERNAL AUDITS ACADEMIC ENTERPRISE Are research and development expenses expended in accordance with the terms of individual grants and State, Federal, and University regulations? Review research grants procedures and test a sample of payroll expenses to ensure compliance with these procedures and external regulations. Is financial aid awarded only to eligible students consistent with the terms of the various award programs? Review student financial aid procedures and test a sample of loans to ensure that eligibility requirements are met and financial aid is disbursed accurately. Do construction and supply chain vendors doing business with the University comply with the provisions of their contracts? Review commercial contracts of selected vendors and projects. The Ottawa House construction project has been selected for review thus far. Are operating departments across the University accountable for the business management responsibilities assigned to them? Review the operating practices of staff departments, determining conformance with purchase card, procurement, record management, and other administrative policies. 2

3 INTERNAL AUDITS CLINICAL ENTERPRISE Are there appropriate separation of duties between employees receiving customer payments and preparing accounting records for UTMC and its business partners? Review procedures for accounting for patient payments and recognition of billable revenue between UTMC and University of Toledo Physicians. Do the pharmacies accurately record the receipt and disbursement of drugs and supplies? Review the quality of perpetual inventory management procedures at the UTMC inpatient pharmacy. Are all billable transactions captured at the time of patient diagnosis and fully reflected in customer bills? Review the accuracy and reliability of the charge master databases, the charge capture process, and procedures for maximizing patient margins. Is UTMC maximizing its potential with regard to customer satisfaction and nursing and physician productivity? Participate in UTMC various strategic programs, assisting in identifying and evaluating best practices and performance metrics. 3

4 SUPPORT FUNCTIONS Are accounting transactions captured, classified, and properly reported in the financial statements? Conduct a Control Self-Assessment of finance and accounting procedures and controls. Test the roll-up of accounting transactions into the financial statements. Do recent changes in purchase card and procurement operating practices result in an increased level of internal control and employee accountability? Review recently-drafted policies and procedures in these areas. Benchmark these procedures with peer organizations, and determine departmental compliance with these procedures. Are payments made to suppliers accurately, taking advantage of available discounts? Review accounts payable procedures, identifying and recovering erroneous and duplicate disbursements. Do the systems that accept the entry of employee time minimize the likelihood of errors and abuse and promote the accuracy of employee pay? Review business processes and system controls over the API timekeeping system that reduce the incidence of edits, corrections, and adjustments. 4

5 INFORMATION TECHNOLOGY Has the upgrade of the Enterprise Resource Planning computer system been fully tested prior to implementation? Participate in the Banner 8 new systems development project as a controls consultant and review the nature and extent of user testing and acceptance. Does the human resource management computer system under development promote a streamlined and secure process flow between Human Resources, Payroll, and operating departments? Participate in the People-Admin new systems development project as a controls consultant and identify opportunities for system and process integration between diverse stakeholder business functions. Do application development and consulting vendors doing business with the University comply with the provisions of their contracts Review commercial contracts of selected vendors and projects. The Digital Campus IT project has been selected for review thus far. Is information and software processed in the data center environment secured and protected? Review IT general controls, such as information security and change control that impact numerous computer systems. 5

6 INTERCOLLEGIATE ATHLETICS Does the University appropriately record income from barter agreements, sports camps, and other athletics ventures? Review athletics revenue-generating agreements ( outside income ) and confirm that stated obligations have been met by all parties. Are football attendance statistics accurately recorded and reported in a timely manner to the National Collegiate Athletics Association (NCAA)? Review and certify attendance counts for all University home football games per NCAA regulations. Does the multimedia rights holder and sports marketing arm of the University comply with its financial and operating agreements with the University? Review financial and operating procedures at Rocket Sports Properties (a property of Learfield Sports). Rocket Sports Properties is a recently-contracted relationship with the University. Do travel expenses incurred by student-athletes and athletics administrators comply with NCAA rules? Review team travel expenses processed by the agency used exclusively by the Athletics Department. Determine compliance with NCAA rules on team travel. 6

7 COMPLIANCE REVIEWS ACADEMIC ENTERPRISE Are ethics issues reported by employees, students, and business partners resolved appropriately and in a timely manner? Are erroneous financial and operating transactions detected and acted upon in a timely manner? Is the University operationally prepared for full compliance with the Higher Learning Commission and other accrediting bodies? Update the Audit Committee on the nature and resolution of ethics reports made to the Anonymous Reporting Line. Develop and implement real-time exception reporting for audit follow-up purposes. Verify the submission of curriculum self-assessments by academic departments. Advise the Provost s Office on ways to ensure compliance and internal consistency. Does the University comply with Federal requirements pertaining to the minimization of identity theft? Accumulate, review, implement, and audit compliance with Red Flags procedures focused on preventing identity theft and promoting security of consumer credit. 7

8 COMPLIANCE REVIEWS CLINICAL ENTERPRISE Is access to hospital computer information systems restricted to a need to know basis, as determined by the employees role within the organization? Review access privileges to all clinical informatics systems, including the ability to readily determine the access levels of all employees. Is UTMC prepared for upcoming changes to coding of medical transactions? Review system and documentation requirements to ensure readiness for future ICD-10 coding classifications. Is UTMC taking appropriate steps to ensure compliance with Joint Commission accreditation standards on an ongoing basis? Review Joint Commission standards, determining whether effective UTMS problem identification/resolution procedures are in place relative to these standards. Does the compliance plan protect the academic and clinical enterprises from significant violations of the law and internal policies, as well as preserve the confidentiality of patient and student information? Update the Audit Committee on the nature and resolution of clinical and academic compliance and privacy events processed by the University (including HIPAA, FERPA, Stark Law, etc.) 8

9

University of Toledo Finance and Audit Committee

University of Toledo Finance and Audit Committee University of Toledo Finance and Audit Committee FY2018 Risk Assessment and Internal Audit and Compliance Plan David L. Cutri, CPA, CISA, CIA Executive Director of Internal Audit/Chief Compliance Officer

More information

UNIVERSITY STANDARD. Title UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL STANDARD ON ENTERPRISE DATA GOVERNANCE. Introduction

UNIVERSITY STANDARD. Title UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL STANDARD ON ENTERPRISE DATA GOVERNANCE. Introduction UNIVERSITY STANDARD Issuing Office Responsible University Title UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL STANDARD ON ENTERPRISE DATA GOVERNANCE PURPOSE Introduction This Standard to the Policy on Enterprise

More information

The University of Toledo Finance and Audit Committee Meeting Internal Audit Status Update

The University of Toledo Finance and Audit Committee Meeting Internal Audit Status Update The University of Toledo Finance and Audit Committee Meeting Internal Audit Status Update March 12, 2015 FY2015 Internal Audit Plan Progress 28 Projects on Approved Internal Audit and Compliance Plan Projects

More information

The University of Toledo Audit Committee Meeting. April 19, 2010

The University of Toledo Audit Committee Meeting. April 19, 2010 The University of Toledo Audit Committee Meeting April 19, 2010 FY2010 Internal Audit Schedule Internal Audit Activity KEY RISK AREAS 2009 2010 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN ACADEMIC

More information

The University of Texas MD Anderson Cancer Center Internal Audit Annual Report for FY 2017

The University of Texas MD Anderson Cancer Center Internal Audit Annual Report for FY 2017 Purpose of the Annual Report The purpose of the internal audit annual report is to provide information on the assurance services, consulting services, and other activities of the internal audit function.

More information

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 3 STATE OF IOWA FEBRUARY 6-7, 2013 INTERNAL AUDIT REPORTS ISSUED

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 3 STATE OF IOWA FEBRUARY 6-7, 2013 INTERNAL AUDIT REPORTS ISSUED STATE OF IOWA FEBRUARY 6-7, 2013 INTERNAL AUDIT REPORTS ISSUED Action Requested: Receive the original and follow-up internal audit reports. Contact: Todd Stewart Executive Summary: Completed institutional

More information

Central Michigan University Intercollegiate Athletics Program. Report on Agreed-Upon Procedures. For the year ended June 30, 2005

Central Michigan University Intercollegiate Athletics Program. Report on Agreed-Upon Procedures. For the year ended June 30, 2005 Central Michigan University Intercollegiate Athletics Program Report on Agreed-Upon Procedures For the year ended June 30, 2005 Independent Accountants Report on Applying Agreed-Upon Procedures Dr. Michael

More information

3/17/2016. Unleashing the Power of Data Analytics Presented to: 2016 Compliance Institute. Today s Agenda. What Makes CHAN Healthcare Unique

3/17/2016. Unleashing the Power of Data Analytics Presented to: 2016 Compliance Institute. Today s Agenda. What Makes CHAN Healthcare Unique Unleashing the Power of Data Analytics Presented to: 2016 Compliance Institute 2016 CHAN Healthcare 1 Today s Agenda What Makes CHAN Unique Adding Value through Data Analytics Using Data Analytics in the

More information

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 2 STATE OF IOWA FEBRUARY 4-5, 2015 INTERNAL AUDIT REPORTS ISSUED

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 2 STATE OF IOWA FEBRUARY 4-5, 2015 INTERNAL AUDIT REPORTS ISSUED STATE OF IOWA FEBRUARY 4-5, 2015 INTERNAL AUDIT REPORTS ISSUED Action Requested: Receive the original and follow-up internal audit reports. Contact: Todd Stewart Executive Summary: Completed institutional

More information

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 2 STATE OF IOWA April 25, 2012 INTERNAL AUDIT REPORTS ISSUED

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 2 STATE OF IOWA April 25, 2012 INTERNAL AUDIT REPORTS ISSUED STATE OF IOWA April 25, 2012 INTERNAL AUDIT REPORTS ISSUED Action Requested: Receive the original and follow-up internal audit reports. Contact: Todd Stewart Executive Summary: Completed institutional

More information

This Questionnaire/Guide is intended to assist you in decision making, as well as in day-to-day operations. Best Regards,

This Questionnaire/Guide is intended to assist you in decision making, as well as in day-to-day operations. Best Regards, In an effort to disseminate information and assure that we are in compliance with guidelines caused by the Sarbanes Oxley Act that proper internal controls are being adhered to, we have developed some

More information

Risk Management. Body of Knowledge Review Based on the 2014 ACMPE Exam Blueprint

Risk Management. Body of Knowledge Review Based on the 2014 ACMPE Exam Blueprint Body of Knowledge Review Based on the 2014 ACMPE Exam Blueprint Risk Management Under HIPAA regulations, what is the definition of a healthcare provider? 1 Risk Management A person or organization that

More information

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 2 STATE OF IOWA August 2-3, 2012 INTERNAL AUDIT REPORTS ISSUED

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 2 STATE OF IOWA August 2-3, 2012 INTERNAL AUDIT REPORTS ISSUED STATE OF IOWA August 2-3, 2012 INTERNAL AUDIT REPORTS ISSUED Action Requested: Receive the original and follow-up internal audit reports. Contact: Todd Stewart Executive Summary: Completed institutional

More information

Welcome. Facilities. Public Meeting. Restroom Cafe

Welcome. Facilities. Public Meeting. Restroom Cafe DECEMBER 12, 2018 Welcome 3 Facilities Restroom Cafe Public Meeting Noticed as Public Meeting due to ESC member participation Materials available on Florida PALM web site for public Recording meeting for

More information

You can easily view comparative data and drill through for transaction details.

You can easily view comparative data and drill through for transaction details. analyzing financial and operational information (such as number of sales reps, occupancy rates or cycle time), giving you a very powerful business management tool that leverages your financial data. You

More information

Your School District Procurement Card. Staff Guide Staff Agreement & Board Policy

Your School District Procurement Card. Staff Guide Staff Agreement & Board Policy Your School District Procurement Card Staff Guide Staff Agreement & Board Policy OVERVIEW The Procurement Card Program is intended to streamline and simplify the Procurement and Accounts Payable functions.

More information

Optum Intelligent EDI. Achieve higher first-pass payment rates and help your organization get paid quickly and accurately.

Optum Intelligent EDI. Achieve higher first-pass payment rates and help your organization get paid quickly and accurately. Optum Intelligent EDI Achieve higher first-pass payment rates and help your organization get paid quickly and accurately. The new benchmark for EDI performance Health care has outgrown commoditized EDI,

More information

THE UNIVERSITY OF TOLEDO AUDIT COMMITTEE MEETING. October 19, 2009

THE UNIVERSITY OF TOLEDO AUDIT COMMITTEE MEETING. October 19, 2009 THE UNIVERSITY OF TOLEDO AUDIT COMMITTEE MEETING October 19, 2009 October 19, 2009 Internal Audit Project Status (Attachment 1) Internal Audit Department Staffing Model (Attachment 2) Proposed Policy for

More information

SALINAS VALLEY MEMORIAL HEALTHCARE SYSTEM. Compliance Program. March 2018

SALINAS VALLEY MEMORIAL HEALTHCARE SYSTEM. Compliance Program. March 2018 SALINAS VALLEY MEMORIAL HEALTHCARE SYSTEM Compliance Program March 2018 Salinas Valley Memorial Healthcare System, 450 East Romie Lane, Salinas, California, 93901 PROGRAM GOAL/PURPOSE The Salinas Valley

More information

Purpose. CSU Benefits. Objective

Purpose. CSU Benefits. Objective Purpose The risk assessment tool is designed to help Chicago State University (CSU) identify and document our critical risk categories. In an effort to administer an effective, efficient, and World Class

More information

Ambulance Contract Billing Report October 12, 2016 KEY CONTROL FINDING RECOMMENDATION STATUS The City should:

Ambulance Contract Billing Report October 12, 2016 KEY CONTROL FINDING RECOMMENDATION STATUS The City should: Ambulance Contract Billing Report October 12, 2016 The City should: General Recordkeeping Inconsistencies exist in the basic recordkeeping related to ambulance calls. Continue with the implementation of

More information

Fraud Risk Management

Fraud Risk Management Fraud Risk Management Specific Anti-Fraud Controls (Process or Transaction Level) 2017 Association of Certified Fraud Examiners, Inc. Discussion Questions 1. Does your organization have adequate staffing

More information

Chapter 2 (new version)

Chapter 2 (new version) Chapter 2 (new version) MULTIPLE CHOICE 1. An agreement between two entities to exchange goods or services or any other event that can be measured in economic terms by an organization is a) give-get exchange

More information

2010 Joint Chairmen s Report. UMB Progress to Address Audit Findings. (R30B/R75T), pages 133/ Release of Restricted Funds

2010 Joint Chairmen s Report. UMB Progress to Address Audit Findings. (R30B/R75T), pages 133/ Release of Restricted Funds 2010 Joint Chairmen s Report UMB Progress to Address Audit Findings (R30B/R75T), pages 133/145-146 Release of Restricted Funds 1 Subject: 2010 Joint Chairmen s Report - UMB Progress to Address Audit Findings

More information

Office of Internal Audit Status Report BOARD OF TRUSTEES

Office of Internal Audit Status Report BOARD OF TRUSTEES Office of Internal Audit Status Report BOARD OF TRUSTEES OFFICE OF INTERNAL AUDIT Date: To: From: Subject: Board of Trustees Audit and Compliance Committee Members Trevor Williams, Chief Audit Executive

More information

Internal Control Vulnerability Assessment (January 2011) Unit Name. Prepared by. Title. Reviewed by. Title. Reviewer s Comments

Internal Control Vulnerability Assessment (January 2011) Unit Name. Prepared by. Title. Reviewed by. Title. Reviewer s Comments Internal Control Vulnerability Assessment (January 2011) Division Unit Name Prepared by Date Title (For Internal Control Team Use Only) Reviewed by Date Title Reviewer s Comments Return completed assessment

More information

PRIVY COUNCIL OFFICE. Audit of PCO s Accounts Payable Function. Final Report

PRIVY COUNCIL OFFICE. Audit of PCO s Accounts Payable Function. Final Report [*] An asterisk appears where sensitive information has been removed in accordance with the Access to Information Act and Privacy Act. PRIVY COUNCIL OFFICE Audit and Evaluation Division Final Report January

More information

EXECUTIVE STEERING COMMITTEE MEETING

EXECUTIVE STEERING COMMITTEE MEETING 2 EXECUTIVE STEERING COMMITTEE MEETING DEPARTMENT OF REVENUE BUILDING 2 NOVEMBER 1, 2017 3 ROLL CALL AND OPENING REMARKS FACILITATOR: RYAN WEST, CHAIR 4 REVIEW OF SEPTEMBER 27, 2017 MEETING MINUTES FACILITATOR:

More information

Financial Controls Checklist

Financial Controls Checklist Financial Controls Checklist Board of Health: Board of Health for the Leeds, Grenville & Lanark District Health Unit Period ended: Dec. 31/17 Objective: The objective of the Financial Controls Checklist

More information

The University of Texas at San Antonio. Internal Audit Annual Report For Fiscal Year As required by the Texas Internal Auditing Act

The University of Texas at San Antonio. Internal Audit Annual Report For Fiscal Year As required by the Texas Internal Auditing Act The University of Texas at San Antonio Internal Audit Annual Report For Fiscal Year 2018 As required by the Texas Internal Auditing Act TABLE OF CONTENTS Page I. Compliance with Texas Government Code,

More information

INTERNAL CONTROLS. Revision A

INTERNAL CONTROLS. Revision A INTERNAL CONTROLS Internal Controls Approved. CHANGE HISTORY Sections Affected/Description of Change Section All: Consolidate original document and all changes approved Through ; standardize formatting

More information

INTERNAL CONTROLS REVIEW PROGRESS REPORT Yellow highlighted items have been completed/validated since last report in August 2016

INTERNAL CONTROLS REVIEW PROGRESS REPORT Yellow highlighted items have been completed/validated since last report in August 2016 INTERNAL S REVIEW PROGRESS REPORT Yellow highlighted items have been completed/validated since last report in August 2016 RECOMMENDATIONS ADDRESSED THROUGH INTERNAL AUDIT WORK PLANS Monthly Reconciliation

More information

INTERNAL CONTROLS REVIEW PROGRESS REPORT Highlighted items have been completed since last report in January 2016

INTERNAL CONTROLS REVIEW PROGRESS REPORT Highlighted items have been completed since last report in January 2016 INTERNAL S REVIEW PROGRESS REPORT Highlighted items have been completed since last report in January 2016 RECOMMENDATIONS ADDRESSED THROUGH INTERNAL AUDIT WORK PLANS Internal Audit: prepare documentation

More information

AUDIT STATUS. Continuous Auditing Ideas and Priority Ranking Draft: 8/7/2012

AUDIT STATUS. Continuous Auditing Ideas and Priority Ranking Draft: 8/7/2012 Compliance Identify single day stays and subsequent re-admissions Identify inappropriate unbundling of lab tests Identify frequent use of high risk organizations Match OIG-excluded providers list with

More information

UNIVERSITY OF PITTSBURGH POLICY CATEGORY: RESEARCH ADMINISTRATION SECTION: Research SUBJECT:

UNIVERSITY OF PITTSBURGH POLICY CATEGORY: RESEARCH ADMINISTRATION SECTION: Research SUBJECT: UNIVERSITY OF PITTSBURGH POLICY 11-01-07 CATEGORY: RESEARCH ADMINISTRATION SECTION: Research SUBJECT: Sponsored Projects Effort Reporting/Certification EFFECTIVE DATE: December 19, 2012 PAGE(S): 8 Subject

More information

UNIVERSITY OF NEW MEXICO INTERNAL AUDIT CONTROL SELF ASSESSMENT QUESTIONNAIRE. School/Organization Phone Organization Code

UNIVERSITY OF NEW MEXICO INTERNAL AUDIT CONTROL SELF ASSESSMENT QUESTIONNAIRE. School/Organization Phone Organization Code UNIVERSITY OF NEW MEXICO INTERNAL AUDIT CONTROL SELF ASSESSMENT QUESTIONNAIRE School/Organization Phone Organization Code The purpose of the control self-assessment is to provide you with a tool to evaluate

More information

INTERNAL CONTROLS REVIEW PROGRESS REPORT

INTERNAL CONTROLS REVIEW PROGRESS REPORT INTERNAL S REVIEW PROGRESS REPORT RECOMMENDATIONS ADDRESSED THROUGH INTERNAL AUDIT WORK PLANS Monthly Reconciliation 1 High High Accounts Receivable Training 2, 8, 9 High Moderate 1 12, 13 High High 3

More information

Petty Cash and Change Funds. Inventories (Equipment and Supplies)

Petty Cash and Change Funds. Inventories (Equipment and Supplies) UCLA Policy 360 Page 1 of 8 ATTACHMENT A Guidelines for Application of Internal Control Principles The following are control activities, as described in section III.B.3. of Policy 360, for applying the

More information

Payables Management. 2 nd Edition. Steven M. Bragg

Payables Management. 2 nd Edition. Steven M. Bragg Payables Management 2 nd Edition Steven M. Bragg Chapter 1 Overview of Payables... 1 Learning Objectives... 1 Introduction... 1 Transaction Cycles... 1 Organizational Structure of the Accounting Department...

More information

UNIVERSITY OF CALIFORNIA, SAN FRANCISCO AUDIT AND ADVISORY SERVICES

UNIVERSITY OF CALIFORNIA, SAN FRANCISCO AUDIT AND ADVISORY SERVICES , SAN FRANCISCO AUDIT AND ADVISORY SERVICES UCSF Health Sterile Processing Department Time Reporting and Related Payroll Activities Project #16-046 September 2015 University of California San Francisco

More information

12/6/2016. Who Is Booth Management Consulting? Key Team Members. What is an Agreed-Upon Procedures Engagement?

12/6/2016. Who Is Booth Management Consulting? Key Team Members. What is an Agreed-Upon Procedures Engagement? Overview of Financial & Administrative Review Agenda U.S. Department of Housing and Urban Development Office of Housing Counseling Overview of Financial & Administrative Reviews December 6, 2016 2:00 PM

More information

Compliance Plans. Kelly S. McIntosh July 20, 2017

Compliance Plans. Kelly S. McIntosh July 20, 2017 Compliance Plans Kelly S. McIntosh July 20, 2017 Roadmap The importance of compliance and compliance programs Common compliance issues know your risk areas! Guidance for drafting or updating your compliance

More information

Corporate Records Directory as of January 1, 2012

Corporate Records Directory as of January 1, 2012 Directory as of January 1, 2012 Agreements/Contracts/Leases Records pertaining to the agreements, contracts, and leases related to Responsible V.P. Hospital Annual Report Records pertaining to the annual

More information

Written Questions and Answers

Written Questions and Answers Written Questions and Answers Healthcare Consulting Services RFP UK-1857-18 Questions and Answers Issue Date: 05/15/18 RFP Closing Date: 05/30/2018 No. Question Answer 1 We are a solid organ transplant

More information

Finance & Audit Committee Meeting

Finance & Audit Committee Meeting Finance & Audit Committee Meeting Third Quarter Fiscal Year 2017 January 25, 2017 Page 1 Page 2 Audit Update Risk Management Framework (Prior Meeting Follow up) A sustainable risk management framework

More information

Introduction. Section I State Statutes and Board Policies. Pertinent Oklahoma State Statutes include:

Introduction. Section I State Statutes and Board Policies. Pertinent Oklahoma State Statutes include: Introduction The Tulsa Community College Purchasing Department is administered by a Director. It is the mission of the Purchasing Department to procure needed materials, equipment, and contractual services

More information

ACADEMIC DEPARTMENT FISCAL REVIEW

ACADEMIC DEPARTMENT FISCAL REVIEW CSU The California State University Office of Audit and Advisory Services ACADEMIC DEPARTMENT FISCAL REVIEW California State University, Dominguez Hills College of Health, Human Services, and Nursing Audit

More information

Risk assessment checklist - Purchasing cycle

Risk assessment checklist - Purchasing cycle Check Yes or No or N/A (where not applicable). Where a No is indicated, some action may be required to rectify the situation. Cross-references (e.g., See FN 1.01) point to the relevant policy in the First

More information

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 3 STATE OF IOWA OCTOBER 24-25, 2012 INTERNAL AUDIT REPORTS ISSUED

BOARD OF REGENTS AUDIT/COMPLIANCE AND INVESTMENT COMMITTEE 3 STATE OF IOWA OCTOBER 24-25, 2012 INTERNAL AUDIT REPORTS ISSUED STATE OF IOWA OCTOBER 24-25, 2012 INTERNAL AUDIT REPORTS ISSUED Action Requested: Receive the original and follow-up internal audit reports. Contact: Todd Stewart Executive Summary: Completed institutional

More information

New Trends in the Use of Fair Market Value Concepts. PCF Disclosure, Transparency, and Aggregate Spend Conference February 6, 2014

New Trends in the Use of Fair Market Value Concepts. PCF Disclosure, Transparency, and Aggregate Spend Conference February 6, 2014 New Trends in the Use of Fair Market Value Concepts PCF Disclosure, Transparency, and Aggregate Spend Conference February 6, 2014 Agenda Today s Speakers 4 Today s Discussion Topics 6 Question and Answer

More information

UNIVERSITY OF ILLINOIS (A Component Unit of the State of Illinois) Report Required Under Government Auditing Standards. Year ended June 30, 2011

UNIVERSITY OF ILLINOIS (A Component Unit of the State of Illinois) Report Required Under Government Auditing Standards. Year ended June 30, 2011 (A Component Unit of the State of Illinois) Report Required Under Government Auditing Standards Performed as Special Assistant Auditors for the Auditor General, State of Illinois 45763CHI (A Component

More information

March 22, Internal Audit Report Municipal Payroll Review Finance Department

March 22, Internal Audit Report Municipal Payroll Review Finance Department Internal Audit Report 2005-3 Introduction. The Municipality of Anchorage has a complex payroll system that includes nine unions, a wide variety of work schedules and leave plans, and serves about 2,900

More information

POLICY & PROCEDURES MEMORANDUM

POLICY & PROCEDURES MEMORANDUM Policy No. BA-1260.1 POLICY & PROCEDURES MEMORANDUM TITLE: INTERNAL CONTROL SYSTEM EFFECTIVE DATE: February 13, 1996* (*Procedural/Title Updates 1/12/16, 1/27/15; CANCELLATION: CATEGORY: none Business

More information

How to Ensure Departmental Revenue Cycle Accountability and Ownership

How to Ensure Departmental Revenue Cycle Accountability and Ownership How to Ensure Departmental Revenue Cycle Accountability and Ownership National Rural Health Resource Center Rural Hospital Performance Improvement (RHPI) Project December 5, 2012 Laurie Daigle How s your

More information

FRAUD SCHEMES. South Carolina HFMA Finance & Reimbursement Forum. November 13, 2012 WITH RELATED INTERNAL CONTROLS

FRAUD SCHEMES. South Carolina HFMA Finance & Reimbursement Forum. November 13, 2012 WITH RELATED INTERNAL CONTROLS FRAUD SCHEMES WITH RELATED INTERNAL CONTROLS South Carolina HFMA Finance & Reimbursement Forum November 13, 2012 2 Fraud Facts: Estimated loss of 5% of annual revenues to occupational fraud Financial statement

More information

The definition of a deficiency is also set forth in the attached Appendix I.

The definition of a deficiency is also set forth in the attached Appendix I. Deloitte & Touche LLP 361 South Marine Corps Drive Tamuning, GU 96913-3973 USA Tel: (671)646-3884 Fax: (671)649-4932 www.deloitte.com May 26, 2014 Mr. David Paul General Manager Marshalls Energy Company,

More information

Internal Control Questionnaire

Internal Control Questionnaire Internal Control Questionnaire CASH RECEIPTS/SALE QUESTIONS: 1. Is there a designated cash receipt custodian? 2. Are all receipts recorded on pre-numbered cash receipts tickets, including those received

More information

Southern Oregon University Internal Audit Plan Fiscal Year 2017

Southern Oregon University Internal Audit Plan Fiscal Year 2017 Southern Oregon University Internal Audit Plan Fiscal Year 2017 Prepared By Ryan Schnobrich Internal Auditor Office of the President 1 P a g e TABLE OF CONTENTS Description Page Cover Page 1 Table of Contents

More information

This document is intended educate you on the additional products as well as help you understand how these products can help your business.

This document is intended educate you on the additional products as well as help you understand how these products can help your business. RQ4 Integrated Solutions In addition to RQ4, iqmetrix is proud to offer you a variety of products that maximize your business potential. Coupled with RQ4, Integrated Solutions allow users to maximize information,

More information

The University of Texas MD Anderson Cancer Center Internal Audit Annual Report for FY2016

The University of Texas MD Anderson Cancer Center Internal Audit Annual Report for FY2016 Purpose of the Annual Report Table of Contents I. Compliance with Texas Government Code, Section 2102.015: Posting the Internal Audit Plan, Internal Audit Annual Report, and Other Audit information on

More information

ROSWELL PARK CANCER INSTITUTE CORPORATION INTERNAL CONTROLS OVER PROCUREMENT AND REVENUES. Report 2005-S-15 OFFICE OF THE NEW YORK STATE COMPTROLLER

ROSWELL PARK CANCER INSTITUTE CORPORATION INTERNAL CONTROLS OVER PROCUREMENT AND REVENUES. Report 2005-S-15 OFFICE OF THE NEW YORK STATE COMPTROLLER Alan G. Hevesi COMPTROLLER OFFICE OF THE NEW YORK STATE COMPTROLLER DIVISION OF STATE SERVICES Audit Objective... 2 Audit Results - Summary... 2 Background... 3 Audit Findings and Recommendation... 3 Organizational

More information

INTERNAL CONTROLS REVIEW PROGRESS REPORT Yellow highlighted items have been updated since last report in October 2016

INTERNAL CONTROLS REVIEW PROGRESS REPORT Yellow highlighted items have been updated since last report in October 2016 INTERNAL S REVIEW PROGRESS REPORT Yellow highlighted items have been updated since last report in October 2016 RECOMMENDATIONS ADDRESSED THROUGH INTERNAL AUDIT WORK PLANS Internal Audit: prepare documentation

More information

INTERNAL CONTROLS AUDITOR JOHN BYRD, SENIOR AUDITOR TONYA CARRIGAN, SENIOR AUDITOR

INTERNAL CONTROLS AUDITOR JOHN BYRD, SENIOR AUDITOR TONYA CARRIGAN, SENIOR AUDITOR 1 INTERNAL CONTROLS FOR THE BEGINNING AUDITOR JOHN BYRD, SENIOR AUDITOR TONYA CARRIGAN, SENIOR AUDITOR UF HEALTH SHANDS HOSPITAL AHIA 32 nd Annual Conference August 25-28, 2013 Chicago, Illinois www.ahia.org

More information

Treasurer s Town Hall

Treasurer s Town Hall Treasurer s Town Hall J. Michael Gower Executive Vice President, University Finance and Administration University Treasurer April 6, 2018 Camden Campus Center Today s Agenda Project Management Office Chart

More information

Position No. Job Title Supervisor s Position Finance Officer Manager, Finance & Administration Nunavut Airports

Position No. Job Title Supervisor s Position Finance Officer Manager, Finance & Administration Nunavut Airports 1. IDENTIFICATION Position No. Job Title Supervisor s Position 04422 Finance Officer Manager, Finance & Administration Nunavut Airports Department Division/Region Community Location Economic Development

More information

CHAPTER 6 GOVERNMENT ACCOUNTABILITY

CHAPTER 6 GOVERNMENT ACCOUNTABILITY Kern County Administrative Policy and Procedures Manual CHAPTER 6 GOVERNMENT ACCOUNTABILITY Section Page 601. General Statement... 1 602. Definitions... 1 603. Fraud, Waste, and Abuse... 1 604. Fraud Protocol...

More information

Internal Controls Overview

Internal Controls Overview UMBC Management Advisory Services Internal Controls Overview /mas What Is Internal Control? A process designed to provide reasonable assurance regarding the achievement of the following objectives: Effectiveness

More information

ADMINISTRATIVE RESPONSIBILITIES FOR UNIVERSITY AND COLLEGE ADMINISTRATORS, DEPARTMENT HEADS, AND DIRECTORS

ADMINISTRATIVE RESPONSIBILITIES FOR UNIVERSITY AND COLLEGE ADMINISTRATORS, DEPARTMENT HEADS, AND DIRECTORS ADMINISTRATIVE RESPONSIBILITIES FOR UNIVERSITY AND COLLEGE ADMINISTRATORS, DEPARTMENT HEADS, AND DIRECTORS Internal Controls & Your Role 1) Internal Accounting Controls - procedures that ensure compliance

More information

FINANCE DEPARTMENT DIRECTOR

FINANCE DEPARTMENT DIRECTOR FINANCE DEPARTMENT DIRECTOR Controller Financial Operations Analyst Deputy Treasurer Utility Accounts Procurement & Risk Services Accounting & Reporting Customer Service Purchasing Accounts Payable Collections

More information

AASBO Professional Certificate Program Core Curriculum (All 48 core hours are required)

AASBO Professional Certificate Program Core Curriculum (All 48 core hours are required) AASBO Professional Certificate Program Core Curriculum (All 48 core hours are required) 1. Governmental Accounting Overview 2. Understanding Alabama Schools Accounting System 3. Budget and Financial Reporting

More information

UNIVERSITY OF TOLEDO INTERNAL AUDIT BILL THE CUSTOMER

UNIVERSITY OF TOLEDO INTERNAL AUDIT BILL THE CUSTOMER The following control objectives provide a basis for strengthening your control environment for the process of billing the customer. When you select an objective, you will access a list of the associated

More information

ICD-10 Readiness and Implementation SCHFMA. Presented by: Christine Kalish, MBA, CMPE Executive Consultant Date: June 1, 2011

ICD-10 Readiness and Implementation SCHFMA. Presented by: Christine Kalish, MBA, CMPE Executive Consultant Date: June 1, 2011 ICD-10 Readiness and Implementation SCHFMA Presented by: Christine Kalish, MBA, CMPE Executive Consultant Date: June 1, 2011 2 Agenda ICD 10 - Background and timeline 5010 -Technical aspects of change

More information

PRESENTERS OVERVIEW. Richard Kusserow, SMS CEO/Former HHS IG Jillian Bower, MPA, CRC Vice President

PRESENTERS OVERVIEW. Richard Kusserow, SMS CEO/Former HHS IG Jillian Bower, MPA, CRC Vice President Richard Kusserow, SMS CEO/Former HHS IG Jillian Bower, MPA, CRC Vice President PRESENTERS Richard Kusserow Former HHS Inspector General CEO of Strategic Management Jillian Bower, MPA Vice President of

More information

Accenture Profit Recovery and Analytics

Accenture Profit Recovery and Analytics Business Process Outsourcing Accenture Profit Recovery and Analytics Delivering High Performance through Profit Recovery Accenture: Delivering high performance through profit recovery Are you leaving money

More information

Seattle Public Schools The Office of Internal Audit

Seattle Public Schools The Office of Internal Audit Seattle Public Schools The Office of Internal Audit Internal Audit Report September 1, 2014 through Current Issue Date: June 21, 2016 Executive Summary Background Information The function is centralized

More information

Presentation 5. Landscaper Transactions & Reconciliations Educating Bookkeepers for Business, Inc.

Presentation 5. Landscaper Transactions & Reconciliations Educating Bookkeepers for Business, Inc. Presentation 5 Landscaper Transactions & Reconciliations Chapter 1: Templates Edit: Preferences: Accounting Lists: Templates Templates: Select Template Type Lists: Templates: Basic Customization Lists:

More information

Plugging the Gaps in Financial Controls Monitoring

Plugging the Gaps in Financial Controls Monitoring Plugging the Gaps in Financial Controls Monitoring Finance organizations are under duress to improve overall governance and are bearing substantial costs in maintaining monitoring and audit functions.

More information

HIM Competencies. Prerequisite. Biomedical Sciences o Pathology & Pharmacology o Anatomy & Physiology o Medical Terminology

HIM Competencies. Prerequisite. Biomedical Sciences o Pathology & Pharmacology o Anatomy & Physiology o Medical Terminology Survey & Results HIM Competencies Data Content, Structure & Standards o Classification Systems o Health Record Content & Documentation o Regulatory Requirements & Data Standards o Database Management &

More information

Financial Statement Close Process

Financial Statement Close Process Financial Statement Close Process Process Control Objective Risk Control Considerations Segregation of Duties Accounting functions are properly segregated. Unauthorized and inaccurate transactions may

More information

2014 BUYER S RESOURCE GUIDE EARLY BIRD LISTING PACKAGE DESCRIPTIONS

2014 BUYER S RESOURCE GUIDE EARLY BIRD LISTING PACKAGE DESCRIPTIONS 2014 BUYER S RESOURCE GUIDE EARLY BIRD LISTING PACKAGE DESCRIPTIONS PACKAGE INCLUDES DELUXE 6,000 ELITE 1,935 PREMIUM 995 STANDARD 500 BASIC FREE* PRINT ONLINE VIRTUAL CONFERENCE Company name, street address,

More information

Medical Auditing Boot Camp Professional Services

Medical Auditing Boot Camp Professional Services Medical Auditing Boot Camp Professional Services *** LIMITED TIME OFFER: FREE $100 AMAZON GIFT CARD! *** REGISTER TODAY! Course Overview Many physician practices, including independent practices, physician

More information

Maryland Transportation Authority

Maryland Transportation Authority Audit Report Maryland Transportation Authority December 2010 OFFICE OF LEGISLATIVE AUDITS DEPARTMENT OF LEGISLATIVE SERVICES MARYLAND GENERAL ASSEMBLY This report and any related follow-up correspondence

More information

Central Florida Chapter Florida Government Finance Officers Association INTERNAL CONTROLS

Central Florida Chapter Florida Government Finance Officers Association INTERNAL CONTROLS Central Florida Chapter Florida Government Finance Officers Association INTERNAL CONTROLS 1 FRAUD Any intentional act or omission designed to deceive or mislead others and resulting in the victim suffering

More information

Anti-Fraud Programs and Control Policy

Anti-Fraud Programs and Control Policy Anti-Fraud Programs and Control Policy OVERVIEW This document provides an overview of the programs and controls Tahoe Resources Inc. ( Tahoe ) follows in order to evaluate fraud risk as it pertains to

More information

IBM Clinical Trial Management System for Sites

IBM Clinical Trial Management System for Sites Service Description IBM Clinical Trial Management System for Sites This Service Description describes the Cloud Service IBM provides to Client. Client means the contracting party and its authorized users

More information

FINANCIAL SERVICES DEPARTMENT Strategic Business Plan

FINANCIAL SERVICES DEPARTMENT Strategic Business Plan FINANCIAL SERVICES DEPARTMENT Strategic Business Plan Mission The mission of the Financial Services Department is to provide compliant accounting, cash management, purchasing, and payment services to City

More information

Welcome to Focus on Finance! April 19, 2018

Welcome to Focus on Finance! April 19, 2018 Welcome to Focus on Finance! April 19, 2018 Agenda Banner 9 Self-Service Finance Terrice Watson Policy Tech New Policy Website Vicki Deaton Future Year Travel Authorizations LaTisha Williams Audit Notes

More information

INTERNAL CONTROLS REVIEW PROGRESS REPORT Yellow highlighted items have been updated since last report in October 2017

INTERNAL CONTROLS REVIEW PROGRESS REPORT Yellow highlighted items have been updated since last report in October 2017 INTERNAL S REVIEW PROGRESS REPORT Yellow highlighted items have been updated since last report in October 2017 RECOMMENDATIONS ADDRESSED THROUGH INTERNAL AUDIT WORK PLANS Internal Audit: prepare documentation

More information

THE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT A FRAMEWORK FOR SUCCESS

THE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT A FRAMEWORK FOR SUCCESS THE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT A FRAMEWORK FOR SUCCESS It s a direct reference to what we do on a daily basis, of what you need to know... Professionals demonstrate that knowledge

More information

More efficiency in health management

More efficiency in health management More efficiency in health management We are one of the largest community of the health industry in the world, with over 1.000 customers and 375.000 users in Brazil, Latin America and Africa. A highly specialized

More information

DEPARTMENTAL CONTROL SELF-ASSESSMENT. Dept.: Date:

DEPARTMENTAL CONTROL SELF-ASSESSMENT. Dept.: Date: Dept.: Date: Performing a control self-assessment (CSA) in your department is a constructive approach to evaluating existing controls and to developing additional controls if needed. This worksheet was

More information

W207: How should you leverage internal audit? October 26, 2016

W207: How should you leverage internal audit? October 26, 2016 W207: How should you leverage internal audit? October 26, 2016 Agenda Internal Audit Framework 3 Lines of Defense Value Enhancement Work Internal Audit vs. Compliance Areas of Focus Key takeaways 2 What

More information

The School Board of Broward County, Florida Treasurer s Office 7720 West Oakland Park Blvd. Suite 319 Sunrise, FL

The School Board of Broward County, Florida Treasurer s Office 7720 West Oakland Park Blvd. Suite 319 Sunrise, FL Signatures on file The School Board of Broward County, Florida Treasurer s Office 7720 West Oakland Park Blvd. Suite 319 Sunrise, FL 33351 July 15, 2005 TO: FROM: VIA: SUBJECT: Principals Nell Johnson,

More information

NYSID Comments and Staff Responses on Temporary Personnel-Office Definition

NYSID Comments and Staff Responses on Temporary Personnel-Office Definition NYSID Comments and Staff Responses on Temporary Personnel-Office Definition November 8, 2017 1 st Change Requested by NYSID: Temporary Personnel-Office ( Office Temps ) are workers hired for a pre-determined

More information

HFTP Hospitality Financial and Technology Professionals

HFTP Hospitality Financial and Technology Professionals About our Sample Accounting Jobs Descriptions for Clubs: The HFTP Americas Research Center, with guidance from members of the HFTP Club Advisory Council, has developed example job descriptions for accounting

More information

Division of Student Affairs General Fund Units Internal Control Questionnaire FY 2012

Division of Student Affairs General Fund Units Internal Control Questionnaire FY 2012 FY 0 Control Environment Yes No N/A Notations Are the roles and responsibilities of financial and administrative staff, including the establishment of the appropriate signature authority, in your unit

More information

Business Administrators Forum

Business Administrators Forum Business Administrators Forum 401 A/D Benson May 20, 2015 Agenda Update on Key Activities Presenter: Brandon Gilliland Fiscal Year End Calendar Presenter: Jennifer Killingsworth Capital Project Policy

More information

American Contract Bridge League Accounts Payable & Check Signing Policies & Procedures April 2013

American Contract Bridge League Accounts Payable & Check Signing Policies & Procedures April 2013 American Contract Bridge League Accounts Payable & Check Signing Policies & Procedures April 2013 ACBL strives to maintain efficient business practices and good cost control. The accounts payable function

More information

Charges to sponsored projects are classified as either non-salary or salary.

Charges to sponsored projects are classified as either non-salary or salary. EXPENDITURE APPROVAL AND CONTROL INITIATING CHARGES TO SPONSORED PROJECTS Charges to sponsored projects are classified as either non-salary or salary. Non-salary charges are initiated via: 1. Pcard; 2.

More information

Chapter 13: The Expenditure Cycle

Chapter 13: The Expenditure Cycle Accounting Information Systems: Essential Concepts and Applications Fourth Edition by Wilkinson, Cerullo, Raval, and Wong-On-Wing Chapter 13: The Expenditure Cycle Slides Authored by Somnath Bhattacharya,

More information