Internal Audit performs audits with a focus on financial, operational, compliance, strategic, and reputation risks. Internal Audit is also responsible for auditing information systems and the controls embedded within those systems to support organizational processes and goals.
Our audits are designed to ensure that the University is functioning in the most efficient manner, and that controls are adequate and effective. We perform our audits based on an annual risk-based audit plan, as well as at the request of the Board, University Management, Deans, and Department Heads.
To learn more about us, view The Role of Internal Audit Lunch and Learn Presentation.
Common Tasks
Key Functions
Collaborations
Internal Audit also works in collaboration with the Office of General Counsel and the Department of Public Safety to conduct investigations of reports of theft or misappropriation of University assets. We also collaborate to address all issues that are reported to the Compliance Hotline.
Audit and Advisory Services
Audits are identified as part of a Risk Assessment Process and through requests from Management, the Board or in conjunction with the external auditors.
Investigations and Fraud Awareness
We perform investigations of reported or discovered fraud and provide fraud awareness training to the University to prevent future occurrences.
Internal Audit Risk Assessment
To be successful, our organization must be able to effectively monitor and control these risks. Risk assessment services entail helping clients identify, assess, and develop strategies to manage relevant risk exposures.