Role of Internal Audit

The Office of Internal Audit works in support of the Board of Trustees and in collaboration with management and external auditors to assess risks within the University and evaluates the effectiveness of the internal controls in place which mitigate risks.  Risks can be classified as financial, operational, compliance, strategic and reputational.

 

Our audits are designed to ensure that the University is operating effectively and efficiently, through a robust system of internal controls. Our audits include a Board approved risk-based audit plan, as well as other requests from the Board, University Management, Deans, and Department Heads.

 

Internal Audit is also responsible for auditing information systems and the controls embedded within technology operations and those systems to support organizational processes and goals.

 

Internal Audit also conducts investigations of Compliance Hotline and internal or external reports of theft or misappropriation of University assets. We work in collaboration with the Office of General Counsel and the Department of Public Safety on all investigative matters.