Under the Annual Financial Statement Certification Policy, certain members of the Leadership Team, other senior employees, and their Business Managers are required to complete and sign a financial certification at the end of each fiscal year. The certification process is an essential internal control activity intended to ensure the integrity of the University’s financial statements. Completion of the annual certification also provides an opportunity for departments to review their financial activity for the year and to confirm that all transactions have been properly recorded in the University’s accounting system.
The scope, responsibilities, and accounting terms used in the financial certification process are provided in the Policy below. Answers to the most frequently asked questions are also provided below.