The Compliance and Internal Audit Office at the University was established in October 2014 to support and assist the Board of Trustees and the Executive Management in accomplishing the University goals and objectives.
The role of the Compliance and Internal Audit Office is to:
- Facilitate collaboration, raise awareness, provide guidance, and address compliance Concerns
- Develop an audit strategy to achieve balance between cost and value, while making a contribution to overall governance, internal controls and risk management
- Foster a University culture that does not tolerate illegal or unethical behavior and create awareness among faculty and staff of the potentially adverse consequences of unethical conduct
- Solve problems by improving collaboration and communication
- Reduce the risks of non-compliance, while increasing the likelihood of early detection and Correction
- Provide a source of best practices and assistance for the entire University community
- Develop the internal audit plan and its charter
- Perform internal audit activities as per the internal audit charter, which is designed to add value and improve operations through evaluation of internal controls, financial, compliance and risk assessment, taking into consideration the strategic objectives of the University. Assess the adequacy of compliance activities, evaluate overall program effectiveness, and recommend and implement modifications to the program as necessary
- Assist management in developing policies and bylaws, and provide training orientation to create awareness
- Coordinate with the Department of Human Resources to process non-compliance issues
- Report results of compliance and internal audit activities to the Compliance and Audit Committee, the Chancellor and Senior Management on a periodic basis
Code of Ethics:- Integrity
- Objectivity
- Confidentiality
- Competency
| Standards of conduct:- Service
- Excellence
- Leadership
- Professionalism
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