All Cornell University employees have a role to play within the university’s internal control framework. This introductory course explains internal controls in general along with the employee’s responsibilities for internal controls within Cornell’s framework.
Topics include the definition of internal controls and why are they important, an overview of Cornell’s internal control framework, challenges that may exist and how to manage them, and key controls.
FIN 101: Policy Considerations at Cornell comes back to life from the pre-KFS days in this new, self-paced online course that covers several university policies, including 3.14, Business Expenses; 4.2, Transaction Authority and Payment Approval; and 4.6, Standards of Ethical Conduct; along with various citizenship and tax information.
The Division of Financial Affairs (DFA) supports Cornell University’s missions, priorities, and initiatives by establishing policies, processes, and systems that promote careful and responsible management and protection of Cornell’s financial resources.
We will form a cross-functional team to analyze data and implement strategies to simplify the procure-to-pay process while providing appropriate stewardship and control mechanisms.
We will establish a center to provide the skills and tools necessary to help Cornell staff members perform their daily financial activities and implementing new internal control strategies.
Now more than ever, Cornell employees need the tools and knowledge necessary to respond to internal control risks, resolve financial issues, and implement new accounting standards, and we aim to provide the training necessary to accomplish those tasks.
We will organize and establish practices so that technology use and data analysis are central to our planning and decision-making. Synergies and efficiencies will support financial applications and build skills in data analytics analysis, helping us achieve continuous, data-driven improvements and creating a strong foundation for all of our initiatives.
Each campus unit will implement an internal control plan, guided by risk and materiality assessments, based on DFA’s plan and using Lean Six Sigma (LSS) principles. These plans are based on risk and materiality assessments and will apply the principles of LSS methodology to streamline processes.
We will use Lean Six Sigma (LSS) principles to implement an internal control plan guided by a risk and materiality assessment. DFA’s plan, with its tools, templates, and best practices, will guide units in implementing their own plans.
We will collaborate with Weill Cornell Medicine and Cornell Tech in support of the 
We will form a cross-functional team to analyze data and implement strategies to simplify the procure-to-pay process while providing appropriate stewardship and control mechanisms. 
We will establish a center to provide the skills and tools necessary to help Cornell staff members perform their daily financial activities and implementing new internal control strategies.
We will organize and establish practices so that technology use and data analysis are central to our planning and decision-making. Synergies and efficiencies will support financial applications and build skills in data analytics analysis, helping us achieve continuous, data-driven improvements and creating a strong foundation for all of our initiatives.
Each campus unit will implement an internal control plan, guided by risk and materiality assessments, based on DFA’s plan and using Lean Six Sigma (LSS) principles. These plans are based on risk and materiality assessments and will apply the principles of LSS methodology to streamline processes. 
We will use Lean Six Sigma (LSS) principles to implement an internal control plan guided by a risk and materiality assessment. DFA’s plan, with its tools, templates, and best practices, will guide units in implementing their own plans.