Frequently Asked Questions Search Question Titles Search Content Apply What does the term "to the best of my knowledge and belief' mean in terms of the scope and level of detail of information that a dean could reasonably be expected to possess when signing his/her certification? What is the materiality threshold for the deans? Is there a working definition for determining what is required to be accrued? Must disclosure always be made in writing to the campus controller, or can it be made to the dean's own financial officer, campus legal counsel or others? How do deans treat their knowledge of central control weakness in their certifications if the deans have received a presentation disclosing central internal control weaknesses and plans for addressing them? What is a dean's personal and professional exposure if he/she signs the certification letter and then the PwC audit team turns up a reportable condition in his/her school? Is there a standard of due diligence that deans should meet to sign the letter? What happens if a dean refuses to sign his/her certification letter or signs it with certain qualifications? Who drafted and approved the current dean's certification letter? What is SAS 115 (formerly SAS 112)? Why is SAS 115 (formerly SAS 112) considered significant? What does SAS 115 (formerly SAS 112) mean to departments? Does SAS 115 (formerly SAS 112) require departments to add additional internal controls to their processes? When is SAS 115 (formerly SAS 112) effective? Are the controls identified in SAS 115 (formerly SAS 112) the only controls that departments need to monitor and be concerned about? What should be done when a travel voucher worksheet requests the full amount of allowed expenses even though the expenditures are significantly less? What are the key controls that departments have responsibility for? Do University employees have to reimburse University for their personal toll calls? Can a faculty member use discretionary funds to pay an employee? What should we do when a large donor gets a parking citation while attending a meeting on campus?
