University of Illinois System
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Fiscal Control and Internal Auditing Act (FCIAA)

Overview

FCIAA is a state-mandated program to aid Illinois state agencies in conducting reviews of their fiscal and administrative systems of internal control. The FCIAA Certification provides a mechanism for the University of Illinois System to report its internal control compliance. Annually, unit heads and financial officers are required to submit FCIAA Certification for each of their respective departments.

The University of Illinois System views the FCIAA Certification as an opportunity to work together to ensure effective fiscal/internal controls are in place to protect system resources.

Strong internal controls provide reasonable assurance that:

  • Information is reliable, accurate, and timely
  • Policies, plans, procedures, laws, regulations, and contracts are followed
  • Assets (including people) are safeguarded
  • Resources are used in an economical/efficient manner
  • Established objectives and goals are met

Department heads/fiscal officers are encouraged to review the items covered in the FCIAA Certification throughout the year working with OBFS and University Audits to address internal control weaknesses prior to the annual certification.

Critical Dates

Event/Activity Date
Role Review in FCIAA Application October 9 – October 20, 2023
UIUC – Department Submission & Approval Due to the College Offices for Review December 4, 2023
UIC – Department Submission & Approval Due to the College/Vice Chancellor Offices for Review December 4, 2023
UIS – Department Submission & Approval Due to the Vice Chancellor for Finance & Administration for Review January 5, 2024
System – Department Submission & Approval Due to the Director for Controller Operations for Review January 5, 2024
UIUC – College Cumulative Submission & Approval Due to the Office of the Provost for Review January 12, 2024
UIC – College/Vice Chancellor Memos Due to the Vice Chancellor Budget, HR & Financial Administration for Review January 12, 2024
University & System Office Letters Due to CFO, Controller, & Executive Director of University Audits for Review February 23, 2024
System Office Reviews March 8, 2024
University of Illinois System FCIAA Letters Due to President April 3, 2024
Meeting with President to Discuss/Finalize FCIAA Process Mid-April, 2024
Final Certification Letter with President’s Signature Due to Illinois Auditor General Wednesday, May 1, 2024

Who to Ask

For questions, contact the FCIAA representatives that can be found in the Who to Ask.