Frequently Asked Questions
To whom do the Internal Auditors report?
Internal Auditing has a direct reporting line to the President and operationally reports through the office of the Vice President for Finance and Administration. Internal audit reports regularly to the Finance and Audit Committee of the Board of Curators.
How are audit review areas selected?
A multi-year, modifiable audit plan is developed in conjunction with a cohort of constituents from across the University System (including members of the University of Missouri Internal Audit Steering Committee) based on a risk assessment process (operational and financial).
Is there a campus-based Internal Audit representative?
The Internal Audit Steering Committee is comprised of members from the four campuses, UM Health Care, and UM System.
Who is on the Internal Audit Steering Committee?
What is the general process of an internal audit?
What are the types of audits?
Types of audits include: (1) Financial; (2) Operational; (3) Compliance; and (4) Investigative.