萝莉社

We've been using a pyramid to illustrate the five interrelated components of internal control. At the pyramid's core is our second component, risk assessment鈥攊dentifying and analyzing relevant threats to achieving an organization's strategic and operational objectives with a forward-looking focus.

Tone at the Top provides the foundation for an organization's control environment. But Tone at the Top does not come only from top management. There is a trickle-down effect that can originate from many positions. You set the tone in your area of influence.

An organization's control environment is the component most influencing the control consciousness of its people. The control environment is the basis for internal control and sets the tone for an organization. This episode examines how you contribute to the university's control environment.

What is internal control? This episode provides a definition highlighting the importance of an organization's people to its control system and internal controls' connection to positive risk-taking and meeting objectives.

Internal controls provide direction and prevent, find, and fix problems! Everyone working at a college or university has a role in internal control. Here we begin a 10-part series about internal control at colleges and universities that will heighten your understanding of our control system at 萝莉社 and your essential role in its success!

萝莉社 Export Control & Compliance Officer James Elliott joins us again for part two of his column explaining the prevalence and importance of Export Controls. Elliott summarizes the principal areas subject to Export Controls, followed by those that are not, and when to seek guidance.

Export Controls are more prevalent than you might think at first. 萝莉社 Export Control & Compliance Officer James Elliott joins us this month for the first of a two-part column. Elliott provides an overview of the vast number of regulatory items under the giant umbrella known as "Export Controls."

An essential part of cybersecurity is compliance with the Payment Card Industry Data Security Standard (PCI DSS), an initiative designed to protect payment card data. The university聽has a committee of finance and IT professionals dedicated to overseeing its compliance effort. What cybersecurity risk is most relevant聽to 萝莉社?

Taking a break from our internal control series, I'm sharing excerpts from a recent edition of The Art of Noticing聽newsletter. I had an opportunity to share with Rob Walker how his "Art of Noticing" theme resonated with this group. Rob loved it and featured the 萝莉社 Audit Update Blog in his newsletter.

Petty cash is a small amount of money kept in a department for incidental expenses. This case caught my attention because the fraudster allegedly embezzled more than $57,000 from petty cash over four years. There's nothing trivial about $57,000. This post is a primer about petty cash and change funds so you can distinguish between them and know how they work at 萝莉社.