Cash Handling

Cash and its equivalent are handled by most units and many individuals at the University of Iowa. Strong internal controls are necessary to prevent mishandling of funds and to protect employees from inappropriate charges of mishandling funds. This site is intended to provide units and individuals with the necessary information and tools to facilitate the establishment of strong internal controls related to cash handling.

University units overseeing, receipting, depositing or reconciling cash and its equivalent are required to submit a cash handling procedure through workflow for approval. Additionally, administrators and employees of the unit are required to complete the ICON cash handling certification process described within this site. Cash handling training compliance is monitored through the Compliance & Qualifications system.

Cash Handling is a function of the Accounting and Financial Reporting Office.  For questions or additional information, contact