USAS Accounting and Payment Control

Issued: Mar. 24, 2008
Updated: May 29, 2012 – View Changes

FPP B.005


Applicable to

State agencies and institutions of higher education


To reduce risks to state funds, agencies should have controls over expenditure processing that segregate each accounting task to the greatest extent practical. Ideally, no individual should be able to enter or alter and then release payments or other accounting transactions within the statewide financial systems without another person’s involvement.

Two tools are available for agencies to use to strengthen internal controls:

Changes to this Document
05/29/2012 Updated to FPP format.