University Policy. In Fiscal Year 2009 the University of Iowa implemented Financial Sub-certification, a process in which each College and organizational unit must certify that its practices are in compliance with various University policies relating to financial management. This new process supports the University’s need to ensure that all University funds and resources are protected from unnecessary risk and are used appropriately. For more information about the process and why it was implemented at the University of Iowa, please see http://www.uiowa.edu/budgetofficers/subcertification/index.html
The sub-certification process requires that each fall, the Collegiate Dean and Collegiate Budget Officer complete and sign the Financial Sub-certification document which contains 16 questions relating to the College’s compliance with several different University policies and procedures during the previous fiscal year.
College of Nursing process. The College of Nursing Dean and Assistant Dean for Operations and Finance complete the Financial Sub-certification document on behalf of the College. To ensure that the College is in compliance with the many financial management policies, the Operations and Finance division of the College continually monitors and reviews the College’s practices, procedures, and business transactions and works with College faculty and staff to make process improvements as necessary. The Business Manager and HR Administrator meet regularly with Area and department administrative staff to review best practices and share information. In addition, the Business Manager meets regularly with grant administrative staff to provide similar information and guidance. Information about University policies and procedures is also shared with all staff during the monthly College Staff Meetings.