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Balance Sheet Account Reconciliation

UC San Diego is required to complete balance sheet account reconciliations per campus policy.

Link to draft policy: Balance Sheet Account Reconciliation Policy

Policy Overview

Campus policy establishes UC San Diego’s procedures and standards regarding the requirement to reconcile balance sheet accounts. By following this policy given herein, any person involved within the reconciliation process will ensure that:
  • The information transmitted to, contained in, and reported from UCSD's financial systems is accurate, complete, and recorded in a timely manner;
  • The information can be relied upon for making financial and administrative decisions; and
  • Any fraud, theft, compliance violations, and other irregularities are quickly detected and reported to the appropriate authorities.

 

 

Balance Sheet Account Owners

Review balance sheet account owners: Link to list here.

Monitoring Procedures

Review Internal Controls and Accounting monitoring procedures: Link to document here.