Financial Compliance

Financial Compliance monitors and interprets financial regulations, state and federal guidance, and University of Arkansas System policies.

The work proactively helps the university maintain a strong risk posture and avoid compliance-related exposures – a core benefit of the University of Arkansas’ ERM framework

Serving as the university’s audit liaison, Financial Compliance coordinates financial, operational, and compliance audits conducted by internal and external oversight bodies.

The Office helps to streamline communications, manage information requests, and support timely, effective responses to audit findings. This ensures regulatory accountability while also strengthening institutional resilience, a key ERM objective.

Financial Compliance also serves as the campus contact for suspected fraud, theft, or misuse of University resources, including coordinating the University’s reporting requirements under the Arkansas Whistle-Blower Act.

As part of ERM, Financial Compliance plays a key role in helping the university identify, assess and manage financial and compliance-related risks that could impact long-term sustainability. Financial Compliance contributes essential insight into:

• Financial and operational risks
• Compliance driven vulnerabilities
• Internal control gaps
• Audit trends and institutional improvements

Internal controls, compliance functions, and riskaware culture form the foundation of mature ERM programs. By embedding Financial Compliance within ERM operations, the university is taking a proactive, integrated approach to managing institutional risk.