Internal Audit Services provides independent and objective auditing and consultation services designed to add value and improve the university’s operations and to help the university accomplish its objectives by evaluating the effectiveness of risk management, internal control and governance processes.
Internal Audit reports administratively to the President of the university and functionally to the Idaho State Board of Education Audit Committee. These reporting relationships provide auditor independence and objectivity, promote comprehensive audit coverage and assure appropriate consideration of audit recommendations and corrective action by colleges and departments.
Internal Audit performs routine audits of colleges, departments and systems throughout the Moscow campus and statewide locations. Audits are designed to address risks in the following primary areas:
- Financial stewardship;
- Compliance with policies, laws and regulations;
- Efficient and effective operations;
- Maintaining the university’s positive public image and credibility; and
- Achieving the university’s strategic plan.
Investigations and Hotline
In addition to routine audits, Internal Audit conducts investigations of potential violations of the university’s ethics policy, which includes conflicts of interest, fraud, waste and misuse of university resources. Internal Audit also oversees the university Hotline. Read more about this topic under our Confidential Hotline section.
Management Advisory and Consultation Services
Upon request, Internal Audit can provide management advisory services during the planning, design, development and post-implementation of significant business processes and operational changes to ensure adequate consideration is given to internal control design, documentation and monitoring.