Audit & Advisory Services will be a known, trusted advisor on ethics, governance,
risk management and internal controls for the university community.
Audit & Advisory Services enhances and protects organizational value by providing risk-based and objective assurance, advice, and insight. Our department has a direct reporting relationship to the Board of Trustees, acting through its Audit, Compliance and Risk Committee, as well as a secondary reporting relationship to the University President.
Audit & Advisory Services follows the mandatory guidance of the International Professional Practices Framework (IPPF) provided by The Institute for Internal Auditors (IIA), which includes:
- Core Principles for the Professional Practice of Internal Auditing
- Definition of Internal Auditing
- Code of Ethics
- International Standards for the Professional Practice of Internal Auditing (Standards)
We will perform our work honestly, diligently and responsibly. Integrity establishes trust and thus provides the basis for reliance on our judgment.
We make a balanced assessment of all the relevant circumstances and are not unduly influenced by our own interests or by others in forming judgments.
We respect the value and ownership of information we receive and do not disclose information without appropriate authority unless there is a legal or professional obligation to do so.
We apply the knowledge, skills and experience needed in the performance of our work.
We gain an accurate and deep understanding of all relevant information, are perceptive, and thereby provide value-added advice and assistance.