Pursuant to the University of Arkansas System Board of Trustees Fraud Policy, any fraud that is detected or suspected must be reported to the Internal Audit Department, who coordinates investigations with the University’s General Counsel and other affected areas, both internal and external.
This policy defines fraud as the intentional, false representation or concealment of a material fact for the purpose of inducing another to act upon it to his or her injury. The policy applies to any fraud, or suspected fraud, involving Board of Trustees, employees, consultants, vendors, contractors, outside agencies doing business with employees of such agencies, students and any other parties with a business relationship with the System.
Steps to take to report fraud: