Internal Auditing

About Us

Charter:
Internal Audit was established by the President of Indiana State University and is authorized by the Indiana State University Board of Trustees. Internal Audit was established by the University to assist, advise and consult with management at all levels and to provide appraisal of all University operations and activities.

Authority:
Internal Audit is authorized by the President to direct a broad, comprehensive program of review throughout the University. The audit staff shall have full, free, and unrestricted access to any and all University functions, records, files, property and personnel as needed to accomplish their responsibilities.

Internal audit is a staff function without authority or direct control over the departments of activities being reviewed. In this regard, Internal Audit will not install procedures, originate or approve entries or otherwise engage in any activity that may be the subject of a subsequent review or appraisal. Audit evaluation does not relieve University officials or employees of their designated responsibilities.

Internal Audit is authorized by the Board of Trustees to report directly to the Board any perceived conflict of interest disclosed by audit that may involve the President.

Nature:
Internal Audit is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operation. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance process.

Responsibilities:
Internal Audit will assist the University administration by: