1 / 9

Internal Auditing & Management Consulting Overview

Internal Auditing & Management Consulting Overview. BOT On-Campus Orientation. Reporting Authority. President. UWF Board of Trustees Finance, Administration and Audit Committee. Associate Vice President. Internal Auditor III. Student Employee. Internal Auditor.

athena-wilkins
Télécharger la présentation

Internal Auditing & Management Consulting Overview

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Internal Auditing & Management Consulting Overview BOT On-Campus Orientation Presentation to UWF BOT

  2. Reporting Authority • President • UWF Board of Trustees Finance, Administration and Audit Committee • Associate Vice President • InternalAuditorIII • Student • Employee • InternalAuditor Note: One position (.75 FTE auditor) was lost in 2011/12 for budget cuts Presentation to UWF BOT

  3. Presentation to UWF BOT

  4. Standards • Institute of Internal Auditors InternationalStandards for Professional Practice of Internal Auditing • Institute of Internal Auditors Code of Ethics • Government Auditing Standards (Yellow Book) • Generally Accepted Accounting Principles (GAAP) Presentation to UWF BOT

  5. Internal Auditors vs. External Auditors Presentation to UWF BOT

  6. External Audits Performed • Auditor General • Financial Statement • Federal Funds • Bright Futures • SACS Special Purpose Financial Statement (every 10 years) • Federal • Florida Small Business Network • CPA firms • WUWF-FM • Intercollegiate Athletics Financial Statement • Direct Support Organizations/Affiliated Organizations • UWF Foundation • West Florida Historic Preservation, Inc. • Florida Institute for Human & Machine Cognition Presentation to UWF BOT

  7. RISK • RISK FACTORS • Executive Management Interest • Internal Controls System • Fraud Likelihood and Impact • Changes in Personnel/Procedures • Prior Audit Findings • Time Since Last Audit • Dollar Volume Exposure • Interdependence • Public Disclosure Implications • External Audit Coverage • TYPES OF RISK • Strategic • Financial • Operational • Compliance • Reputational Presentationto UWF BOT

  8. Example of Internal Audit Areas (Work Plan 2011/12) • Audits • Aquatic Center • Construction • Educational Research Center for Child Development (ERCCD) • Institutes and Centers (in process) • PCard Audits (department level) • Recreation • Revenue Generating Contracts (in process) • Telecommunications • Testing Center • Voyager Student Center • Management Advisory Services • Evaluation of Policies, Rules, Procedures and changes • Risk & Compliance Council • Banner Student Implementation –team members • Facilitator for Workgroups and Departments Presentation to UWF BOT

  9. Questions & Comments? Presentation to UWF BOT

More Related