The Internal Audit Department is available to provide a variety of services to the University community. Should you have any questions or concerns regarding specific policies and procedures employed by your department, we encourage you to contact us. Listed below are some of the services we provide:
- Compliance Audits
Compliance audits are performed to determine the degree to which your department adheres to laws, regulations, policies, and procedures of the University, the Commonwealth of Virginia, the Federal government, and other regulatory agencies such as the NCAA. Contractual agreements into which the department has entered also may be subject to review.
- Financial Audits
Financial audits address issues of accounting and reporting of financial transactions. The purpose of this type of audit is to verify that the financial activity of your unit is accurately reflected in various financial reports.
- Information System Audits
Automated systems which are fully operational or in the developmental stages are reviewed and analyzed to determine:
- Processing Controls
- Operational Effectiveness of Networks
- Data Security
- Physical Security
- Backup Plans
- Recovery Plans
- Investigative Audits
These audits are initiated as a result of calls made to the Fraud, Waste and Abuse Hotline and reports of fraud given to the Internal Audit Department or the University Police Department. Should you suspect fraud, waste or abuse in your department, you may contact the Internal Audit Department directly at 924-4110, Monday through Friday, 8:00 a.m. - 5:00 p.m. or you may contact the State Employee Fraud, Waste and Abuse Hotline at 800-723-1615, Monday through Friday 8:15 a.m. to 5:00 p.m. All calls may be made anonymously and are not traceable.
- Operational Audits
The purpose of operational audits is to review the use of resources available to the unit to determine if management's objectives and goals are being met in the most effective and efficient manner. Some aspects of the department which will be reviewed include organizational structure, staffing and output generated by the department.