Suite of Services

Overview

We offer the following services:

  1. Educate and Assist in Organization’s Internal Control Self-Evaluation
  2. University Risk and Fraud Assessment
  3. Data Analytics
  4. Transition Management Reviews (TMR)
  5. Financial Reporting Analysis
  6. Facilitate a Self-Assessment with Audit Substantiation (SAAS)
  7. Assurance and Consulting
  8. Flash Review
  9. Follow-Up Reviews
  10. Departmental Audits and Standard System Audits, Reviews, and Assessments Requested by Management
  11. Fraud Investigations

The Audit team works to find the answer to questions. Some of the questions we ask are:

  • Do opportunities exist to eliminate inefficient use of University funds and potential waste?
  • Are controls sufficient to protect University resources?
  • Are funds being spent legally, and are they accounted for accurately?
  • Are fiscal responsibilities being performed in compliance with University, State, Federal or other governing rules and regulations?
  • Are there better ways of achieving program objectives at lower costs?
  • Are there ways to improve the quality of service without increasing costs?
  • Are there organizational factors that inhibit the delivery of services?

Our reviews are performed in compliance with the standards promulgated by the Institute of Internal Auditors (IIA). Our annual audit project is developed through consultation with University management utilizing an internally developed University Risk Assessment Tool. Our annual project schedule outlines the projects and reviews that Internal Audit will conduct based on our plan. The plan also identifies self evaluations unit mangers will be expected to conduct during a given year. Changes are made to the project plan throughout the year, as the need arises.

Our principal project deliverable is the final report in which we express our opinions, present the audit findings, and discuss recommendations for improvements.

We encourage managers and staff to call us for advice when evaluating procedures or making procedure changes; implementing state audit recommendations; or when they need an independent opinion.