国产AV

Who does the Internal Audit Department report to?

The Internal Audit Department reports to the Associate Vice President for Business and Financial Affairs, as well as the Vice President for Business and Financial Affairs.

How are departments selected for an audit?

Each year the Internal Auditing Division prepares an audit plan based on management input, awareness of known problems and existing issues, and lastly by assessment of a department’s perceived risk.

How long do audits take?

This factor will depend on the depth and scope of the engagement.

Who gets audit reports?

Audit reports are distributed to the applicable department management/employees, the Associate Vice President for Business and Financial Affairs and to the Vice President for Business and Financial Affairs.

What should I expect during an audit?

• A Preliminary Review will begin the process which will include an announcement letter, initial meeting, a preliminary survey, the review itself, and an internal control review.
• Field Work will begin thereafter. This phase includes transaction testing, advice and formal communications, and lastly an audit summary.
• The Audit Report will be the next segment of the process. This will be comprised of a discussion draft, exit conference, and a draft report followed by transmittal letters and the final report.
• A Follow Up Review will occur within approximately one year of the final report to verify the resolution of the issues captured in the Audit Report with all unresolved issues reported to the department management, any appropriate Vice President, the Associate Vice President for Business and Financial Affairs, and the Vice President for Business and Financial Affairs.

What can I do to facilitate the audit process?

Be honest and open; understand that the Internal Audit Department’s role is to assist you and your department by recommending solutions that can hopefully save your organization time and money while ensuring your operation has sound business practices and is in compliance with University policies and procedures. We ask that you participate in the planning process and discussions. It is important that you voice your knowledge and opinion regarding areas of weakness and issues of concern in order to provide a full picture of your processes.