Reporting to the University Chancellor and to the Board of Trustees’ Audit Committee, The Office of Internal Audit and Management Services assists University management and its constituent units by providing objective management analyses through the performance of compliance and quality assurance appraisals. The Office renders recommendations and pertinent comments concerning University operations and programs to assist in ensuring that organizational goals and objectives are achieved and, that the University’s resources are safeguarded against loss due to waste, fraud, or abuse, as well as ensuring that the University is in compliance with applicable laws and regulations.
In addition, the Office is charged with coordinating and preparing responses to Federal, State and City audit reports of programs administered by the University and its’ colleges. Internal Audit works closely with each of the colleges and Central Office departments both during and subsequent to specific external (Federal, State, City and CPA) audit engagements. Internal Audit performs implementation audits and reviews to ensure that the University has complied with recommendations contained in prior audit reports, as well those applicable recommendations suggested by Federal, State and City agencies. Finally, Internal Audit, in conjunction with the Office of General Counsel and the University Office of Public Safety, participates in special investigations of alleged irregularities or improper practices and assists in any subsequent adjudication.
The Office of the University Internal Controls for Budget and Finance…