Tier 2 Checklist for Monthly Reconciliation Review

Overview

This checklist is designed to assist Tier 2 reviewers with the Monthly Reconciliation.  A Tier 2 reviewer is responsible for the finances of the department and reviews the reconciliation prepared by Tier 1.  Tier 2 reviewers will:

• Review the reconciliation prepared by Tier 1
• Do a deep sampling
• Check the month-to-month, year-to-year, and other comparable data
• Critically look for errors that might not be caught by Tier 1

This checklist is not intended to be all inclusive but rather provide a starting point for reviewers creating or modifying current departmental processes.

Tier 2 Checklist for Reconciliation Review

For questions, suggestions, or updates to this checklist please e-mail controller-office@ad.ufl.edu.

Toolkits

UF HR Toolkit – Reconciliation

Training

Tier 2 Reconciliation Review Training Class in Progress

PST130 – Reconciliation for Tier 1

CFO400 – Fiscal Responsibility for UF Leaders (Designed for Tier 3 and their teams)

PRO303 – Internal Controls at UF

Contacts

University Controller’s Office: (352) 392-1321