UVA Office of Audit & Compliance and UVAFinance Financial Compliance: Finance Matters

What's the difference between UVA's Audit & Compliance department and UVAFinance's Compliance Team?  What do they do, how do they work with people across Grounds, and how can we best work with them?  Carolyn Saint and Gary Nimax from Audit & Compliance, along with JJ Sullivan and Christine Kennedy-Tyburski of UVAFinance Compliance, join Patty and Brandi to give answers and insights into these two vital functions. 

 

Resources Mentioned: 

• Staff Senate Podcast
• Office of Audit and Compliance website 
  • Audit Charter
  • Compliance Charter
  • For the UVA Compliance Helpline, online reporting mechanism, and the Commonwealth's Fraud, Waste, and Abuse Hotline and online form:  https://audit.virginia.edu/resources-and-references 
  • UVA Compliance Helpline and Subject-Specific Reporting Portals
  • What are Internal Controls?
  • Compliance Network
• Seven Elements of an Effective Compliance Program
• UVA Policy Directory
  • GOV-002:  Reporting and Investigation of Fraudulent Transactions
  • GOV-003: University Institutional Compliance Program for Adherence to Federal, State, and Other Regulations
  • FIN-036: Signatory Authority for Executing University Contracts
• Office of State Inspector General for VA
• Audit Two-Year Plan (from June 2024 BOV Meeting - scroll to "Meeting Documents" at the bottom of the page)
• UVA Code of Ethics for Faculty & Staff
• COSO Framework Resources: 
  • https://www.coso.org/_files/ugd/3059fc_77d5d0f3d569439990b170bd3b909d7e.pdf
  • https://www.coso.org/guidance-on-ic
  • https://www.auditboard.com/blog/coso-framework-fundamentals/