Internal Controls are essential to ensuring the financial and business practices of the college are compliant with SUNY policy, are effective in the long-run, legal, and effective not only financially, but also towards internal staff and students. Internal controls monitor all the tasks of the college to ensure the following occur:
-
Protection against resource waste, and potential criminal fraud
-
The review of operational data, financial data, and other kinds for accuracy assurance
-
Assurance of compliance with SUNY Policy, and that of other parties associated with
-
Performance evaluation at all levels of staff