Internal Audit Services periodically performs assessments of University operating units and control functions to identify areas of potential institutional risk. Based on these assessments and discussions with management, the Associate Vice President for Audit, Compliance and Privacy recommends an annual audit plan, which is approved by the Committee on Audit and Complaince of the Board of Trustees.
Internal Audit Services also responds to special requests from University and department management, inquiries received from members of the Stanford community through the University's Code of Conduct for Business Activities (Administrative Guide Memo 1.1.1), and special requests for audits from external agencies.
Common elements of an internal audit engagement include the following:
Last modified Fri, 9 Aug, 2013 at 9:54