Which UC/UCI policies and procedures help mitigate and control fraud in the workplace?

ANSWER

Cash Policy

This financial policy establishes the University’s policies related to handling and processing cash and cash equivalents, and defines roles and responsibilities related to receipt, safeguarding, reporting and recordkeeping for all University cash and cash equivalents. Its purpose is to ensure that these important University assets are protected, accurately and timely processed, and properly reported.

The University has established certain basic internal control principles applying to collecting and accounting for cash and cash equivalents.

Entertainment Policy

It is the policy of the University to comply with IRS regulations regarding the provision or reimbursement of business meals and entertainment.

Travel Policy

It is the policy of the University to comply with IRS regulations regarding the provision and reimbursement of business-related travel, and to conform to the IRS “accountable plan” rules.