This form applies to business units who handle University or research funds. It is designed for use by the “non- accountant” manager as a simple checklist to highlight frequent areas of fraud found in the University environment. Section 1 of the checklist can be employed immediately by the manager to identify key areas of potential high fraud risk activities in their business unit.

Using this tool, the manager can quickly identify common areas of higher education fraud. Section 2 of the checklist includes a set of standard, routine checks to be made on the financial processes of the business unit every 6 months to detect possible fraudulent activities. It should serve as a reminder to perform routine internal audit of financial activities to promote an early detection of possible accounting irregularities.