(v) Evening and executive programmes: Fee collection contribute income to the universities (vi) Hiring of University Premises i.e. hall, canteen: Rental fees charged contribute the income (vii) Sales of memorabilia and Fee collection books: contribute income to the universities (viii) OUT Miss Excellent: Fee collection contribute income to the universities Identify financial control mechanisms applicable to IGA’s at OUT S/N Very Effective Don’t Very Not Effective know ineffective effective at all I Control of Ii Integrity iii Proper chain of command iv Risk mitigation Proper authorization and verification vi Proper record keeping vii Separation of duties in handling accounting transactions viii Good communication within the organization efficiently and effectively xv Use of IT resources x Avoidance of enveloping and responsibilities of duties xii Certify completion of the reconciliation process Verify that all xiii transactions initiated posted in a reasonable period Ensure the reliability ix and integrity of financial information Ensure compliance to x the university with laws
(v) Evening and executive programmes: Fee collection contribute income to the universities (vi) Hiring of University Premises i.e. hall, canteen: Rental fees charged contribute the income (vii) Sales of memorabilia and books: Fee collection contribute income to the universities (viii) OUT Miss Excellent: Fee collection contribute income to the universities Identify financial control mechanisms applicable to IGA’s at OUT S/N Very Effective Effective Don’t know Very ineffective Not effective at all I Control of Ii Integrity iii Proper chain of command iv Risk mitigation Proper authorization and verification vi Proper record keeping vii Separation of duties in handling accounting transactions viii Good communication within the organization efficiently and effectively xv Use of IT resources x Avoidance of enveloping and responsibilities of duties xii Certify completion of the reconciliation process xiii Verify that all transactions initiated posted in a reasonable period ix Ensure the reliability and integrity of financial information x Ensure compliance to the university with laws
Stella_Tadei_tyr.docx