| Questions |
Answers and resources |
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Does my department have strong front-end financial controls? |
Transaction sampling is a valid reconciliation method only if strong front-end audit controls are in place for fiscal processes such as:
- Procurements
- Travel
- Reimbursements
- Cost transfers
Review the audit guidelines for front-end controls to assess the controls in your department.
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Do I have vice-chancellor approval? |
Before your department can participate in transaction sampling, you might need approval from your vice chancellor's office.
Contact your vice chancellor's office before you begin transaction sampling.
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Do I have the correct hardware and software? |
Your desktop computer must meet minimum technical requirements.
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Am I familiar with FinancialLink? |
Transaction sampling tools are similar to FinancialLink tools. So it's best to understand FinancialLink and the Ledger Reviewer (formerly Ledger Annotator) tool before you begin using transaction sampling.
Take a FinancialLink class through
Enrollment Central.
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