- Internal Controls
- Internal Auditing
- EIU Confidentiality Notice
- Resource Links
- EIU Policies and Procedures
Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve the university's operations. It helps the university accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. This activity shall be the responsibility of the director of internal auditing, who, per state statute, reports directly to the president.
The responsibility of the Office of Internal Auditing is to serve the university in a manner that is consistent with the Standards for the Professional Practice of Internal Auditing, professional standards of conduct, and the "Fiscal Control and Internal Auditing Act." This responsibility includes coordinating internal audit activities with others so as to best achieve the audit objectives and the objectives of the university.
The internal auditing activity at Eastern covers a broad area of activities within the University. The services the office provides range from testing transactions for compliance with generally accepted accounting principles and established rules and regulations, to operational audits involving in-depth reviews directed towards improving efficiency and effectiveness. Although these services will, at times, include the audit of financial records and transactions, the scope of examinations is not restricted to financial matters but extends into all phases of university operations.
The goals and objectives of the Office of Internal Auditing at Eastern Illinois University are:
The internal auditors have no direct authority over, or responsibility for, any of the activities examined. Internal auditors do not develop and install procedures, prepare records, make management decisions, or engage in any other activity that could reasonably be construed to compromise the independence of the internal auditing activity. Review and appraisals by the internal auditors does not in any way substitute for, or relieve, other persons of assigned responsibilities.
The primary responsibilities of the Office of Internal Auditing include the following: