Financial Controls Self-Assessment

The financial controls self-assessment (FCSA) assists faculties and their units to annually assess compliance with high risk decentralized financial controls (i.e. where there is no system or central control activity). Senior financial officers use the results to identify any gaps and implement remedial action to improve the control environment across their faculties and administrative units.

The FCSA covers key decentralized controls in each of the following business processes:

  • General
  • Cash Sales and Handling
  • External Billing
  • Internal Purchases / Sales (GLJE User Interface)
  • Procurement and Supplier Payments
  • Payroll
  • Equipment Assets

Business process owners are responsible for developing and updating related UAPPOL, Guide and website materials, and annually updating the checklist for changes to key controls.


Financial Controls Self-Assessment (FCSA) Procedure (UAPPOL)

Financial Controls Self-Assessment 2021

Last Updated: September 2020