Rice University employs internal control procedures designed to achieve, in all material respects, accurate, timely, and consistent information. Documentation is standard procedure, and data are routinely verified.
Oversight occurs at many levels.
The integrity, experience, and background of the professionals and staff at Rice are the surest safeguards that internal control is achieved. Management and supervisory reviews are conducted regularly, and executive management and board oversight occur as appropriate. Additionally, internal and external audits are performed, both in the regular course of business and as special needs arise. Finally, appropriate access and control policies are in place to ensure security of the data as well as the systems. Restrictions are safeguarded, databases are appropriately administered and maintained, and back-up systems are in place to protect the data and systems in case of emergencies.