The Director of Internal Audit reports to the University President. Two of the major objectives of Internal Audit are to help reduce the University's exposure to loss and increase the effectiveness and efficiency of its departments and divisions. This supports the University’s administrative control process to achieve objectives as shown in the chart below.

Internal Audit projects arise from various sources. Annually, Internal Audit identifies areas of potential risk to the University. Special requests for additional audits and management consulting services may be presented by the various University departments and divisions. Other potential issues may arise from fraud, federal regulatory changes, and follow-up reviews. Projects involving potential fraud and those considered to be of "high risk" will receive priority.

Internal Audit prepares an annual audit plan based on careful consideration of the identified risks and needs, and then presents this plan to the President for approval.

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