Assurance

IA provides independent and objective services to assist in the identification, evaluation, and mitigation of risk. We conduct audits and reviews to assess the effectiveness and efficiency of the existing controls across the University. Our audits engagements range from audits of small departments to large colleges, as well as audits of University-wide processes.  Most audits and reviews are chosen based on an annual risk assessment.  IA seeks to add value to the University community by conducting the following assurance services:

• Departmental Reviews

Departmental reviews are comprehensive examinations of an operating unit or a complete organization to evaluate its performance, as measured by management’s objectives.  A departmental review focuses on the efficiency, effectiveness, and economy of operations.

• Compliance Reviews

Compliance audits determine whether, and to what degree, there is conformance to certain specific requirements of policy, procedures, standards, or laws and governmental regulations.  The auditor must know what policies, procedures, standards, etc., are required.  Compliance audits require little preliminary survey work or review of internal controls, except to outline precisely what requirements are being audited.  The audit focuses almost exclusively upon detailed testing of conditions.

• Information Systems/Technology Review

Information Technology audits evaluate the accuracy, effectiveness, efficiency and security of electronic and information processing systems that are in production or under development.

Last updated: 4/29/2021