Internal audits are the unsung heroes of good governance, sniffing out risks and keeping controls tight. But let’s be ...

The Board of Visitors approves the annual plan. Internal Audit communicates with our clients throughout the audit process. Internal Audit engages clients throughout the planning and testing phases of ...

“The more things change, the more they stay the same”—from an organizational structure perspective, this old adage reminds me of the internal audit (IA) function. IAs will always be here for ...

In addition, internal audits are initiated to analyze possible irregularities. Requests for audit services may be submitted to the Chief Audit Executive at any time. Although unannounced audits are ...

IACS staff conduct assurance audits of individual units and processes as part of the annual audit plan. Assurance audits typically follow a four-phase process from planning ... the Board of Trustees ...