When anomalies are discovered as a result of monitoring they are reviewed, researched and corrected as needed. Corrective actions may include reporting to affected units, providing additional training, requesting further review, or alerting internal audit. Policy Statement that outlines expectations, standard and requirements for prudent management. Policies are long-lasting statements of goals and principles and are distinct from procedures, that include more detail about how to carry out a policy. There are campus policies, UC policies, and other governing policies.
Procedures are the steps that are used to achieve a principle or objective or to carry out a policy.
The accounts payable office conducted training on new campus-wide policies. The Service Center Manager will design procedures for implementation of all applicable policies. Responsibility To be entrusted with or assigned a duty or charge. In many instances responsibility is assumed, appropriate with one's duties. Responsibility is distinct from accountability.