As events to date have focused predominantly on internal controls — practices that 

ultimately help to prevent fraud — this edition will focus on fraud detection. You’ll learn what to look for in documentation from actual events here at UK (identifiers redacted), as well as behavioral red flags, that together can form a pattern that suggests something is awry.

Held on Zoom, the session is informal and interactive — we want participants to ask 

questions so you can get the answers you need to better protect the university from 

fraud and asset misappropriation.

 Poor procurement card (ProCard) practices can become breeding grounds for fraud and waste. That’s why this quarter, we will discuss the trends and concerns noted most frequently in our recent ProCard reviews of all 18 colleges at UK. You’ll come away with a better understanding of what could happen if controls are not tightened and some tips on how to strengthen your procurement processes. This Lessons Learned aims to help you prevent this by showing you what you can do to protect both your applications and your individual files.

Business runs on applications, and UK departments literally rely on thousands of them -- and the data in the files these applications create -- to perform critical tasks. Too many times, UKIA has noted that these files and applications are not adequately secured to minimize access and protect data integrity, which can result in costly errors, data loss -- or worse, fines and penalties when sensitive information is inadvertently shared with the wrong people. 

Held virtually on Zoom, this Lessons Learned aims to help you prevent this by showing you what you can do to protect both your applications and your individual files.

Unanswered Zoom Questions:

Where does responsibility for training us about how to perform reconciliations rest?

University Financial Services has developed new web-based training as part of the Finance and Administration Specialized Training (FAST) program, the latest of which just went live this February. Go to MyUK Learning to access this training.

In BW there were some saved views for recons. Are there going to be reported like that created in Tableau?

Yes, the new web-based training (see above) has instructions on how to retrieve the reports in Tableau. After you get the reports, there is the capability to save them.