Sub-Certification Process

Indiana University continues to implement best practices that would enhance our institution’s internal control environment. As part of this process, IU has issued a sub-certification checklist that requires the university community verify, to the best of their knowledge and belief, that an organization’s financial information fairly represents the financial status of the unit. This measure is one that is recommended by the National Association of College and University Business Officers for large decentralized institutions.

While currently only required to be completed by campus executives, IU strongly encourages users as a best practice to review the checklist to confirm individual units are in compliance. This document should be reviewed and completed in conjunction with the year-end close process to ensure accuracy and completeness of financial information and internal controls.

1. Sub-Certification Checklist for FY22
2. Glossary of Terms