Business Affairs

Internal Control is a process affected by OSU administration, faculty, and staff that is designed to provide reasonable assurance regarding the achievement of objectives in the following categories:

• Effectiveness and efficiency of operations

• Reliability of Financial Reporting

• Compliance with applicable laws and regulations

All levels of University management (President, Provosts, Deans, central administrators, college business managers, and department heads) are responsible for establishing internal control processes to help the University achieve its mission, to stay on course toward meeting financial goals, to minimize risk, and to more effectively deal with change.

This web page is being designed to provide University management with guidance and tools to assist in assessing internal control within their area of responsibility. The following items are currently being reviewed and will be posted to this page upon document completion and approval:

• Oregon State University Internal Control Framework

• Oregon State University Code of Ethics (Pending)

• Internal Control Guides for Financial Processes

• Segregation of Duties Guides

• Risk Assessment tools (Pending)

• Listing of channels of communication (Pending)

• Recommended monitoring activities for managers (Pending)

• Available training (Pending)

• Control Self-Assessment Questionnaires (Pending)

• Internal Control Certification (Pending)