Overview
The Audit and Advisory Services department is established as an independent appraisal activity within the University for the review of accounting, financial and operating systems as a service to management. It is a managerial control which functions by reviewing, measuring and evaluating the effectiveness of other controls. The objective of internal auditing is to assist all levels of University management in the effective discharge of their responsibilities by furnishing them with objective analyses, appraisals, recommendations and comments concerning the activities reviewed. Therefore, the Audit and Advisory Services department is concerned with any phase of activity where it can be of service to management.
The Audit and Advisory Services department has the authority for full access to all University records, properties and personnel relevant to the subject under review. The Department is free to review and appraise policies, plans, procedures, and records. The Director of Audit and Advisory Services reports to the Chancellor and to the University Auditor. To maintain complete objectivity, the Audit and Advisory Services department will not develop and install procedures, prepare records or engage in any other activity which it normally would be expected to review and appraise and which could reasonably be construed to compromise its independence.