TO: York College Community
RE: Internal Control Program
Our College is committed to make every effort to assure the operational efficiency and compliance with laws, regulations, and University and College policies to protect College’s resources against waste, fraud, and inefficiency by attaining a strong internal control program through an integration of the methods and measures geared towards achievement of College’s mission, goals and objectives. It is imperative to the success of the program that all College community members participate in the process and are informed about it.
Internal control, as defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), is “a process, effected by an entity’s board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives relating to operations, reporting, and compliance.” While implementing and monitoring internal controls, documenting policies and procedures, assessing risk periodically, testing controls, reporting results, and taking corrective action are main responsibilities of managers and administrators, involvement of employees at every level is an integral part of a successful internal control program.
CUNY Office of Internal Control developed a “Manager’s Guide to Internal Controls” to supplement the New York State Office of the State Comptroller’s “Standards for Internal Controls”. The New York State Governmental Accountability, Audit and Internal Control Act is the basis for the CUNY Internal Control Program, which directs all its campuses in the performance of its internal controls. The full version of the guide can be viewed at https://www2.cuny.edu/wp-content/uploads/sites/4/page-assets/about/administration/offices/ehsrm/risk/2016-Managers-Guide-to-Internal-Control.pdf. This guide was developed to assist the managers and administrators in establishing and maintaining effective internal controls in their respective units.
For more information on the College’s Internal Control Program and how it relates to your department, please contact our Internal Control Officer, Nicole Utley at nutley@PROTECTED.
Ajisa Dervisevic
Assistant Vice President, Planning and Budget
CC: Ed Rios, Vice President for Finance & Administration and Chief Financial Officer/Chief Facilities Officer