Archive for “Month: February 2019 | CFO”

Late last year, the Office of the CFO quietly rolled out our new website at cfo.ufl.edu. If you haven’t already seen it, the revamped site matches the design and style of many other UF websites and delivers news, updates and information in a more user-friendly, visually appealing way.

Finance and Accounting (F&A) is rolling out the second phase of its Job Shadowing Program, which matches F&A employees to peers within their departments, after a successful phase one last summer and fall. Phase two will open the program to the entire CFO Division, allowing participants to pursue cross-departmental job shadowing opportunities across F&A, Procurement Services and the Budget Office.

A junior pursuing her bachelor’s in business administration with a major in finance and a minor in accounting, Janelle Barghout is interested in understanding the complex dynamics that drive the world of finance and pushing the financial industry to new and exciting places.

How can you, in your role as a leader, safeguard your funds and design structures to enhance fiscal accountability? Do you have a standard practice in place to prevent fraudulent activity that all of your staff are aware of and understand? The new “Fiscal Responsibility for Leaders” course is designed for the person in the unit who is in a position of authority and who is ultimately responsible for the finances of the unit, as well as those on his/her team who are involved in the reconciliation process.

Laura Ling, of Internal Audit, says that the best way to deter fraud is to increase the perceived risk of detection. “If people think they’re going to get caught, they’re less likely to commit fraud,” said Ling.