Information and communication
The Information and Communication component supports the functioning of all components of internal control. In combination with the other components, information and communication supports the achievement of the University’s mission.
When assessing internal control over a significant activity (or process), the key questions to ask about information and communication are as follows:
- Does our department get the information it needs from internal and external sources in a form and timeframe that is useful?
- Does our department get information that alerts it to internal or external risks (e.g., legislative, regulatory, and developments)?
- Does our department identify, capture, process, and communicate the information that others need (e.g., information used by other departments) in a form and timeframe that is useful?
- Does our department provide information to others that alerts them to internal or external risks?