Policy 3002 - Authority of the Internal Audit Department 9-30-09

Dmeeks

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• Publié par: Ictio
• Nombre de lectures: 10
• Langue: English

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OLD DOMINION UNIVERSITY University Policy Policy #3002 AUTHORITY OF THE INTERNAL AUDIT DEPARTMENT Responsible Oversight Executive: VicePresident for Administration and Finance Date of Current Revision or Creation:September 30, 2009 A. PURPOSE ThepurposeofthispolicyistoestablishtheauthorityoftheOldDominionUniversityInternal AuditDepartmentasameanstofulfillitsmissiontotheUniversity. B. AUTHORITY VirginiaCodeSection23‐9.2:3,asamended,grantsauthoritytotheBoardofVisitorstoestablish rulesandregulationsfortheinstitution.Section6.01(a)(6)oftheBoardofVisitorsBylawsgrants authoritytothePresidenttoimplementthepoliciesandproceduresoftheBoardrelatingto Universityoperations.Section7.01oftheBoardofVisitorsBylawsgrantsspecificauthorityto theUniversityAuditor. OldDominionUniversityBoardofVisitorsPolicy1610–CharteroftheInternalAudit Department C. DEFINITIONS N/A D. SCOPE Thispolicyappliestoallemployees,students,volunteers,employeesofaffiliatedorganizations, andvisitorstotheinstitution.Employeesincludeallstaff,administrators,faculty,full‐orpart‐ time,andclassifiedornon‐classifiedpersonswhoarepaidbytheUniversity.Studentsincludeall personsattendingclasseswhetherenrolledornotenrolled.Affiliatedorganizationsareseparate entitiesthatexistforthebenefitoftheUniversityandincludethefoundations,theCommunity DevelopmentCorporation,andtheAlumniAssociation.Visitorsincludevendorsandtheir employees,parentsofstudents,volunteers,guests,uninvitedguestsandallotherpersons locatedonproperty,owned,leased,orotherwisecontrolledbytheUniversity. E. POLICYSTATEMENT InternalAuditwasestablishedtoassisttheBoardofVisitorsandmanagementofOldDominion University.Asappropriatetoaccomplishthismission,InternalAuditwillhaveadualfocus:(1) toprovideanindependentandobjectiveappraisaloftheUniversity'sfinancial,operationaland Policy #3002 – Authority of the Internal Audit Department1

informationsystems,andtoevaluatetheinternalcontrolenvironment;and(2)toworkwith managementinaproactiveandcreativemannertoensurethedevelopmentandprovisionof servicesandprocessesinthemostefficientandeffectivemanner. Totheextentpermittedbylaw,theInternalAuditDepartmentshallhavetimelyand unrestrictedaccesstoallUniversityactivities,properties,personnel,andrecordsthatare relevanttofulfillmentofthedepartment’smissiontotheUniversity. ItisunderstoodthatcertainitemsoftheUniversityareconfidentialinnatureandspecial arrangementswillbemadebytheInternalAuditDepartmentwhenexaminingandreporting uponsuchitems. TheInternalAuditDepartmentistobeindependentintheconductofitsmission.Assuch: •TheInternalAuditDepartmentshallbefreefromcontrolorundueinfluenceintheselection andapplicationofaudittechniques,procedures,andprograms. •TheInternalAuditDepartmentshallbefreefromcontrolorundueinfluenceinthe determinationoffactsrevealedbytheexaminationorinthedevelopmentof recommendationsoropinionsasaresultoftheexamination. •TheInternalAuditDepartmentshallbefreefromundueinfluenceintheselectionofareas, activities,personalrelationships,andmanagerialpoliciestobeexamined.Nolegitimate sourceofinformationistobeclosedtotheauditor. F. PROCEDURES UniversitypersonnelshallrespondtorequestsandinquiriesfrommembersoftheInternalAudit Departmentwithinrequestedorreasonabletimeframes,andassistInternalAuditasneededin conductingaudits,reviewsorinvestigations. G. RESPONSIBLEOFFICER UniversityAuditor H. RELATEDINFORMATION UniversityPolicy3003–Detection,InvestigationandReportingonFraudandMisuseof UniversityProperty/Funds UniversityPolicy3004–InternalAuditResponseProcedures Wheretogowithissuesorconcerns: •OldDominionUniversityDepartmentofHumanResources http://www.odu.edu/ao/humanresources/ •OfficeofInstitutionalEquityandDiversity http://www.odu.edu/ao/oied/ •OfficeoftheUniversityAuditor http://www.odu.edu/ao/auditor/ •TheStateEmployeeFraud,Waste,andAbuseHotline,1‐800‐723‐1615 http://www.doa.virginia.gov/DSIA/Fraud_and_Abuse_Hotline.cfm •TheVirginiaDepartmentofEmploymentDisputeResolution(EDR) http://www.edr.virginia.gov/ Policy #3002 – Authority of the Internal Audit Department2

POLICY HISTORY ************************************************************************ Policy Formulation Committee (PFC) & Responsible OfficerApproval to Proceed: _________________________________ ___________________________ Responsible Officer SignatureDate Policy Review Committee (PRC) Approval to Proceed: /s/ Donna W. MeeksMay 25, 2009 Policy Review Committee (PRC),Date Chair Signature Executive Policy Review Committee (EPRC) Approval to Proceed: /s/ Robert L. Fenning September 29, 2009 Responsible Oversight Executive SignatureDate Presidential Approval: /s/ John R. BroderickSeptember 30, 2009 President Date Policy Revision Dates:December 1, 1988; September 30, 2009 Scheduled Review Date:September 30, 2014

Policy #3002 – Authority of the Internal Audit Department

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