As a public entity, Colorado State University and its employees have an obligation to comply with all applicable federal and State laws and regulations. Part of this responsibility is to become familiar with those laws and regulations that impact a particular activity or function. University and activity objectives For an activity to have effective control, it must establish objectives that are consistent with University objectives and ensure compliance with controls imposed by external funding sources. In addition, objectives must be compatible with University policies and procedures. To ensure that objectives are accomplished, all individuals within the activity must understand them and be working towards a common end.
Communication is essential for success.
The system of internal control must be under constant review by administrators and supervisors at all levels to ensure that the controls remain effective. For assistance in the review of internal control systems, contact the department of Internal Audit.