Office of Internal Audit

AUTHORITY
The Office of the Internal Auditor reports directly to the Audit Committee of the Board of Trustees and administratively to the President of the University. This reporting relationship promotes independence and assures adequate consideration of audit findings and recommendations. The Internal Auditor will have unrestricted access to all sources of information, property, and personnel relevant to an area under review.

RESPONSIBILITIES
• Assess the soundness, adequacy and application of financial and operational processes;
• Assess and evaluate risk factors associated with operations and functions of the University,
• Ascertain the extent of compliance with established policies, plans, procedures, laws and regulations,
• Ascertain the extent to which University assets are accounted for and safeguarded from losses of all kinds and,
• Serve as a resource to the University community in identifying the need for and characteristics of adequate systems of control.