# FAQ Search Within Results Search Within Results search ## 14 results Show filters filter\_alt Sort by NewestOldestAlphabetical A-ZAlphabetical Z-A sort ## 14 results ### What is the JCI (Joint Committee on Inspection)? expand\_more The Joint Committee on Inspection (JCI) is comprised of selected members from Harvard’s two [governing boards](https://www.harvard.edu/about/leadership-and-governance/). The JCI assists the boards in fulfilling their oversight responsibilities in the areas of the integrity and appropriate transparency of the University’s annual financial statements and reports; the University’s internal financial and risk management systems and controls; the University’s internal audit function; the independent audit process, including by approving the appointment of the external auditor for the University’s annual financial audit and assessing its auditor’s performance; and the University’s processes for monitoring compliance with various laws, regulations, and University policies. In each of these areas, the Committee will be concerned with the University’s legal, financial, and reputational risks. ### What is the University Risk Management Council? expand\_more The University Risk Management Council (URMC) administers a structured approach to risk management that identifies and manages the key risks that may adversely affect the University’s ability to achieve its goals and objectives. The Council reports to the President and the Harvard Corporation's Joint Committee on Inspection regarding the effectiveness of the University’s Risk Management Program. The URMC works with Harvard's Schools and Central Administration Units on continuous improvement of the University’s capabilities around managing priority risks. The URMC is co-chaired by the Executive Vice President and Vice President & Deputy to the President. Membership is comprised of senior administrators and faculty from across Harvard University. ### What should a driver do if an accident occurs while driving a University vehicle? expand\_more In the event an accident occurs, the driver should do the following: 1. DO NOT ADMIT LIABILITY TO ANYONE. 2. Exchange vehicle information with the other driver - name, address, license number, plate number, year, make, model of car, name of Insurance Company. 3. If necessary, contact HUPD or the local police. 4. Report all accidents immediately to Risk Strategy and Insurance: 617-495-8668 or . 5. Complete the incident report via the [Harvard University Incident Reporting Portal](https://risk-services.rmas.fad.harvard.edu/). 6. If a Harvard employee is injured, he/she should file a report with the Department of Human Resources - Worker's Compensation, Holyoke 6th Floor, tel. 617-495-2786. ### What if a department wants to buy, sell, or lease a vehicle? expand\_more For instructions prior to buying, selling, or leasing a vehicle, contact the Risk Strategy and Insurance team at . Risk Strategy and Insurance will process the registration, insure the vehicle on the University's Automobile Insurance Policy, and provide guidelines on the use of vehicles, driver training, and authorizing drivers. ### Does Harvard carry insurance for the personal property of students, faculty, or staff? expand\_more No. The property insurance maintained by the University does not cover the property of students, faculty, or staff against theft, loss or damage. Additionally, the University does not reimburse for damage to/loss of such property even when the loss occurs inside a Harvard University building. Students, faculty, and staff are therefore encouraged to procure their own insurance coverage for any valuables, especially computers, electronics, televisions, bicycles, clothing, jewelry, books, and general apartment/dorm furnishings. Depending on the circumstances, personal property may be insured under a homeowner's or condominium unit owner's insurance policy, arranged to provide "All Risk" coverage for contents on a "replacement cost" valuation basis, at reasonable premium rates. ### What if someone is injured on our premises? expand\_more Harvard employees are instructed to ask the injured person if s/he needs assistance. If possible, let the injured person tell you what s/he wants to do. If medical attention is required, call 911. Offer to call a family member or a friend and contact HUPD for assistance. Employees should never make a statement regarding liability or payment of bills. Risk Strategy and Insurance should be notified of all incidents involving bodily injury to a third party (student, visitor, or guest) as soon as possible by telephone at 617-495-8668 or email at and through the [Harvard University Incident Reporting Portal](https://risk-services.rmas.fad.harvard.edu/). ### Are all building contents automatically insured on the University’s Property Policy? expand\_more Yes, there is limited coverage for contents on this policy, $250,000 per building. These contents must be University owned and the policy excludes losses due to theft. Departments can insure equipment and contents for a higher limit and include losses due to theft by purchasing additional contents insurance (Open Marine Policy). This insurance can be obtained by contacting Risk Strategy and Insurance at . ### Will insurance pay all of a department's repair or replacement costs after a loss? expand\_more Insurance reimburses the cost to repair or replace with like-kind or quality. Every attempt is made to reimburse the department the costs to put the building back to the condition it was in prior to the loss. A department may incur some costs not covered by insurance since there are normal limitations and exclusions to the policy. Risk Strategy and Insurance will explain the coverage in more detail when determining the scope. ### What if a loss or damage occurs to a Harvard building? expand\_more Emergency repairs and other reasonable steps should be taken to protect the property from further damage. As soon as possible, notify Risk Strategy and Insurance of the details of the loss by telephone at 617-495-8668 and via the [Harvard University Incident Reporting Portal](https://risk-services.rmas.fad.harvard.edu/). Further repairs should not be started until the scope of work and estimated costs for repairs have been agreed upon between the department and the Risk Strategy and Insurance. ### Whom should I call if I experience or suspect that any information security has been compromised? expand\_more For any actual or suspected incident related to information security refer to the instructions from [Information Security Incident Reporting | Harvard University Information Security](https://privsec.harvard.edu/report-incident#third). ### What is an Integrated Audit? expand\_more An integrated audit considers the relationship between information technology, financial, and operational controls in establishing an effective and efficient internal control environment. Even though issues may not be identified in financial and operational controls, issues identified in information technology may negate the effectiveness of the financial and operational controls, and vice-versa. Therefore, an integrated audit evaluates the interplay between financial, operational, and technology processes on the achievement of control objectives. The following areas are generally examined during an integrated audit: - The business and information processing risks and controls are understood and agreed upon by the business owners, information technology delivery and support organization, and the integrated audit team. - Manual and automated feeds, system interfaces, and communications are accurate, timely and secure. - Manual and automated transactions are approved, timely and accurately processed. - Information is secure and confidentiality controls follow current regulations and University standards. - Disaster recovery plans and business continuity plans provide reasonable assurance that both the system and business operations can recover and continue when a system or business interruption occurs. - Program changes are authorized, tested, approved and migrated to production as prescribed by the business process owners. ### Who gets copies of audit reports? expand\_more In general, an audit report is issued to those in a position to see that corrective actions are taken and those with a need to know. Generally, this includes the department or function management team, Finance or Ad Dean, RMAS Director, Executive Vice President, Vice President of Finance, and the PricewaterhouseCoopers Partner on the Harvard account. The report may also be distributed to those individuals who have significant responsibility for the audit area e.g. Office of Sponsored Research for award management audits. - Previous page chevron\_left - [1](?page=0 "Current page") - [2](?page=1 "Go to page 2") - [ Next page chevron\_right ](?page=1 "Go to next page")