UNIT MISSION:

The Comptroller's Office/Accounting Services unit mission is to provide a financial reporting system along with financial processes and services that ensure accountability in all aspects of  Laredo Community College's financial operations.

UNIT GOALS:

I.                     To provide financial information that is recorded in compliance with Generally Accepted Accounting Principles, Texas Higher Education Coordinating Board reporting requirements, National Association of College and University Business Administration requirements as well as various industry guidelines.

II.                   To maintain a Financial Reporting System for Laredo Community College that   is in accordance with Texas State Statues as prescribed by the Texas Higher Education Coordinating Board.

III.                 To provide financial reporting that will assist customers in accessing   accountability in the use of  financial resources, facilitate the evaluation of Laredo Community College's financial position, and help measure effectiveness of the College services.

IV.                 To ensure that the internal control structure of the College provides management with reasonable assurance that assets are safeguarded against loss from unauthorized use or disposition, that transactions are executed in accordance with management's authorization and recorded properly, and that Federal Financial Assistance programs are managed in compliance with applicable laws and regulations.

V.                   To ensure that existing policies and procedures for financial operations are enforced.

VI.                 To ensure that adequate, competent staff are available to carry out the functions of the division.

VII.               To ensure that the departmental personnel under the Comptroller's responsibility, work with all other College departments in order to achieve the overall goals and objectives of the College.

VIII.             To maintain Financial Records in compliance with State Statues as well as federal and local requirements.

IX.                To represent the Financial Services Division in meetings with College personnel, individuals from the community and other entities outside the community.

X.                  Utilize continuos improvement processes to improve efficiency, effectiveness, and productivity of the College's financial operations.

XI.                Utilize existing technology to maximize productivity to meet increased demands for services.

XII.               Provide accurate & timely Payroll System that incorporates effective internal controls and payroll accounting that will facilitate the assessing of the use of financial resources in accordance with LCC’s legally adopted budget.