1.

Have managers been provided with clear goals and direction from top management?

Yes   No

2.

Has the department documented its goals and objectives for the current year?

Yes   No

3.

Does the department compare its actual performance with its goals and objectives?

Yes   No

4.

Are there processes in place to measure and report progress on achieving the organizational goals and objectives?

Yes   No

5.

Has the department researched best practices employed in other organizations performing the same or similar function or activities?

Yes   No

6.

Has the department established productivity standards for individual staff positions?

Yes   No

7.

Are there processes in place to measure individual productivity and compare to the established standards?

Yes   No

8.

Does the department maintain a system of internal controls to ensure that resources are properly used and safeguarded? Controls provide proper approvals, adequate segregation of duties, security of assets, proper recording of information, and periodic review and reconciliation of the general ledger?

Yes   No

9.

Is the internal control structure supervised and reviewed by management to determine if it is operating as intended?

Yes   No

10.

Are written procedures reviewed at least annually for possible updating?

Yes   No

11.

What external policies, procedures, and regulations apply to the functioning of this department?

Federal agencies

State of Nevada

Other

12.

Does the department conduct its financial activities in accordance with applicable University policies and procedures, laws and regulations, terms of contracts and grants, relevant ethical consideration and prudent business practices?

Yes   No

13.

Is the department familiar with the University’s accounting system and revenue codes, object codes and subobject codes?

Yes   No

14.

Does the department prepare an annual financial plan, including projected revenues and budgeted expenditures, to the sub-object code level?

Yes   No

15.

Does management use the budget or spending plan to review the department’s performance?

Yes   No

16.

Are unusual variances between budget and actual performance reviewed by top management?

Yes   No

17.

Are reports reflecting the budgetary status of all department controlled funds provided to the department head on a regular basis?

Yes   No

18.

Does the department use a “shadow” accounting system (a departmental accounting system that supplements the Advantage system)?

Yes   No

19.

Does the department regularly reconcile income and expense information reflected in the departmental “shadow” system to Advantage?

Yes   No

20.

Have financial and operational policies and procedures unique to the department been committed to writing, and have they been distributed to appropriate personnel for reference as needed?

Yes   No

21.

Does the department comply with records retention requirements?

Yes   No

22.

If known areas of knowledge are limited, has help been enlisted from peers, auditors or outside consultants to identify alternatives and suggest solutions?

Yes   No