The University conducts Internal and External Audits. The purpose of these audits is to provide assurance to the University’s management, governing authorities and other stakeholders:
- that risks are understood and appropriately managed and controlled
- that accounting information is accurately and meaningfully recorded & reported
- that the University’s objectives are met in a way that provides good value for money
Understanding the respective roles
- Management and Audit Committee role
- Internal controls
- Corporate governance
- Financial statements
- Compliance with laws and regulations
- Fraud and corruption
- Systems development
- Value for money
- Why do an internal audit?
- What are the objectives of an internal audit?
- Stage one: Planning
- Stage two: Fieldwork
- Stage three: Reporting
- Stage four: Follow-up
If you have any further questions about the Internal Audit process or schedule of reviews, please contact Sally Harrington on ext 3093 (or email email@example.com ) in the first instance.