The organizational structure of Athens State University (ASU) places the responsibility for financial planning and control with the Vice President for Financial Affairs. Departments and employees under the Office of the Vice President for Financial Affairs coordinate all activities related to accounting, internal control, human resources, physical plant operations, financial resource control, and security. Policies and procedures have been established to help ensure that financial resources are processed in accordance with Alabama State Board of Education policies and applicable state and federal laws. These policies and procedures are published in the Office of Financial Affairs Policies and Procedures Manual, and on the University’s Policies and Procedures Operational Policies webpage, including: The annual audited financial statements (2003, 2004, 2005, 2006, 2007, 2008, 2009) prepared by Athens State University and submitted to the Department of Postsecondary Education are audited by the Alabama Department of Examiners of Public Accounts. As part of the audit process, examiners consider the University’s internal control of financial resources. The audited statements contain no reports of internal control deficiencies or weaknesses.
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