Skip to main content

From the Editor’s Desk: Rod Smith – March 2020

February 24, 2020

This month, I want to share information on data analytics and business intelligence, two topics that are emerging as critical in the world of internal controls. Ironically, they’ve always been available to us, but with all the advances in technology, … Continued

From the Editor’s Desk: Rod Smith – February 2020

January 28, 2020

I was invited to give a presentation and assist a group with strengthening their system and controls, specifically their reimbursement process.  So, I researched their organization and their policies, and while meeting with them, invited one of the team members … Continued

From the Editor’s Desk – January 2020

December 20, 2019

I attended a Certified Professional Education (CPE) conference out-of-state.  My group’s assigned topics evolved around data privacy and data security.  As we shared introductions, I recognized that some folks in our group spoke interchangeably of the two.  However, data security … Continued

From the Editor’s Desk – Rod Smith, December 2019

November 27, 2019

This month, I would like to discuss preventing fraud versus detecting it.  Organizations often have an overreliance on detection versus prevention.  While the first method is good, it’s often very time consuming, costly, and sometimes, it’s a little too late.  … Continued

Rod Smith – From the Editor’s Desk: Know Your Stuff

August 28, 2019

So, here’s a question for you: Can you quickly and accurately define intellectual property?  Do all of our students, faculty, staff and support services know the definition to this question?  Likewise, what is the definition of sensitive information?  What controls do you have in place to secure and protect sensitive information?

From the Editor’s Desk – August 2019

July 29, 2019

In the spirit of students returning to class, I encourage department leaders to take time out for a meaningful staff meeting that provides an opportunity for employees to learn. 

From the Editor’s Files: Segregation of Duties

February 27, 2019

Whoever authorizes the purchase of a transaction should not be the same person who executes the transaction, records the purchase and then provides the sole review and approval of such transaction.