ARMICS
Agency Risk Management & Internal Controls Standards
HOW CAN I HELP?
The University of Virginia is a community of over 10,000 people, with almost 3,000
of us having direct access to the financial system. As you can imagine, that means each one of us
contributes to ensuring that our business is conducted ethically, prudently, and safely. But what are
some of the specific ways you can help? Read the sections below that apply to you and email us at
armics@virginia.edu if you have any questions.
Everyone
- Familiarize yourself with the Code of Ethics
- Review a copy of the Internal Control Questionnaire (ICQ)
- Use the internal control Auditing Tools
- Consider taking the Introduction to University Business Administration and Internal Controls classes
- Respond promptly if you receive a request to complete a survey regarding ARMICS and internal controls at the University
- Consider taking the Business Professionals' Intermediate classes, the ABCs of Procurement and Costing Basics
- Make sure that all reconciliations are done timely and appropriately reviewed and signed - this includes all Integrated Systems projects and awards, purchasing cards (don't forget that logs must be signed on months with no transactions), petty cash and petty checking accounts
- Review reports after a payroll run to confirm that employees were paid accurately
- Consider participating in the upcoming Accounting Services Brown Bag events
- Respond promptly if you receive a request to complete a survey regarding ARMICS and internal controls at the University
- Consider taking Supervisory Essentials or Hoo's Managing the UVA Way (both have a business and finance component)
- Make sure your fiscal staff is appropriately trained - this commitment to training is certified in the annual ICQ
- Make sure that all reconciliations are done timely and appropriately reviewed and signed - this includes all Integrated Systems projects and awards, purchasing cards (don't forget that logs must be signed on months with no transactions), petty cash and petty checking accounts
- Consider participating in the upcoming Accounting Services Brown Bag events
- Respond promptly if you receive a request to complete a survey regarding ARMICS and internal controls at the University
- Make sure your fiscal staff is appropriately trained - this commitment to training is certified in the annual ICQ
- Make sure that all reconciliations are done timely and appropriately reviewed and signed - this includes all Integrated Systems projects and awards, purchasing cards (don't forget that logs must be signed on months with no transactions), petty cash and petty checking accounts