Announcements

September 2011:

Internal Control presentations are now scheduled for the month of October and we are very excited to be presenting the fundamentals with a renewed intensity!  Some material is new, some material is refreshed – and all the material is a ‘must know’.  If you have not attended this multimedia educational program focused on internal controls and how controls may lead to a more efficient, effective, and transparent administrative office environment - then you have no idea what you are missing!

In order to minimize department disruptions and in an effort to support the University commitment to the “Change for Excellence” program, we are holding fewer events in larger group settings this year.  Currently scheduled dates on the Lawrence, Medical Center, Edwards, and Wichita campuses include September 29, October 4, 11, 13, 18, and 20.

An equally important announcement is the University of Kansas has reached an agreement with Protiviti Inc., a global consulting firm that specializes in finance, technology, operations, governance, risk, and internal audit solutions (www.protiviti.com).  We will be co-sourcing at least 3 mission critical reviews with the Overland Park, Kansas consulting team in fiscal 2012.  In addition to cost savings, this agreement will support the university in mission critical areas in an excellent and professional manner.  We believe co-sourcing with a professional global firm like Protiviti provides an exceptional solution to a complex challenge.  Co-sourcing will allow us to deploy the right skills, at right place, at the right time, at a reduced cost to help achieve the worthwhile mission of the Internal Audit department.  Unlike outsourcing options, the University of Kansas retains ownership and complete control of the projects.

It is the vision of University Internal Audit to be Key University Partners in Trust - Through management accountability and fiscal responsibility we are working together with University of Kansas leadership to promote student success and University excellence.  During the last three years the University of Kansas Internal Audit function has been re-engineered to improve effectiveness and service to the University.  Over the course of the last three years, Internal Audit is becoming an increasingly more common, critical and ‘in-demand’ KU administrative function:  The role of Internal Audit continues to expand.  The number and variety of risks which KU Internal Audit needs to assess, monitor and report on has grown exponentially in just a few years.  KU is faced with effectively managing and mitigating an ever increasing risk pool amid an increasingly cost competitive and challenging business climate.

August 2011:

Internal Control presentations are back by popular demand! We are excited to present an updated Internal Control presentation for both KULC and KUMC faculty and staff this Fall . For the new presentation we plan on introducing attendees to the University’s fraud mechanisms. We will be contacting you soon - so start planning your attendance now!

April 2011:

Internal Audit is excited to announce the kickoff to our Big 12 Internal Audit Conference which will be held for the first time in Lawrence, KS! The program we are assembling will be informative and entertaining, providing presentations ranging from improving personal performance and cost saving initiatives to fraud techniques and compliance related auditing. For more information please visit the Big 12 Internal Audit Conference webpage.

June 2010:

Since August 2009 we have given over 30 COSO Internal Control presentations. Almost 400 Deans, Directors, Chairs, faculty and staff have taken advantage of this exciting opportunity. We gathered a significant amount of survey data and look forward to presenting it to the Chancellor in July. We anticipate continuing our education focus in fiscal year 2011 - so start planning your attendance now!!!

And just to refresh your memory, the University of Kansas provides faculty, staff and students with a whistleblower hotline to report suspected instances of wrongdoing and protection from retaliation.  Click on the links below for more information about the fraud reporting process, fraud/whistleblower policies and the hotline.

For information on reporting suspected fraud - Fraud Reporting Process

University Fraud Policy

University Whistleblower Policy

 

May 2010:

As part of our educational initiative for 2010 we also would like to formally introduce the University of Kansas Internal Control Manual. Our goal with this document was to compile observations and recommendations on best practices on managing business risks and creating effective and efficient systems of internal control. This manual is a tool for fiscal administrators to review, collaborate, and incorporate in their individual unit control processes. It is a simple guide to help your administrative life be a little more comfortable.

Internal Control Manual

 

September 2009:

In this period of uncertainty, “tone at the top” is everything – and we believe this is a great time for business managers, accountants, staff employees and unit leaders to come together to learn and discuss topics that will have both immediate and long-range implications to the University of Kansas.  Internal Audit is conducting a University wide educational program focused on internal controls and how controls may lead to a more efficient and effective administrative office environment.  Sessions are approximately one hour in length and are an informative, non-threatening, and interactive instruction on Fundamental Internal Controls.

The goal of this program is to provide key University fiscal administrators, inclusive of fiscal support staff, with a common language and understanding of Internal Controls, process improvements, and the impact we all have on student success.

More information on our COSO Presentations.

Call or email Trudy Bowen, tbowen@ku.edu (864-0042) to schedule a session.