Clayton State University has a long standing commitment to operating with integrity and the highest ethical standards. Our policies and procedures have always provided the necessary governance to ensure business controls and internal procedures minimized the risks of non-compliance. Our Statement of Core Values and Code of Conduct are available on line for easy access, are documented in the Employee Handbook and are required to be signed by every employee. Our operations have been periodically reviewed by Board of Regents Internal Audit staff, as well as, the Georgia Department of Audits and corrective actions have been taken if necessary.
In 2009, Clayton State implemented the Statement of Accounting Standard 112 Controls and Risks assessment processes (SAS). Internal Control and Risks Assessment documentation was developed for Budget and Finance, Auxiliary Services, Housing, Financial Aid, Asset Management and Continuing Education.
In 2011, USG Board of Regents' policy on Risk Management (7.15) was implemented and requires every USG institution and the System Office to have a structure and process for identifying and managing risks.
The Board of Regents Policy Manual further specifies that each USG institution must have a Risk Management Policy coordinator charged with oversight of implementing the System’s risk management policy. (Policy 18.104.22.168)
The coordinator will assist campus administrators in maintaining the institutional risk management framework and procedures. The coordinator is expected to have sufficient authority to ensure high-level management of the institution’s risk management efforts. The coordinator is not expected to develop and manage the risk-management initiative alone, but rather he or she will be responsible for ensuring that all the key players on campus are engaged and that the overall process of policy implementation is moving forward.
Cheryl W. Jordan, CFE