What We Do
Internal auditors identify and assess the organization’s risks to
prevent bad things from happening, ensure good things happen, and
help management and other stakeholders understand where the risks
are and whether they are under control.
To do this, internal auditors
- Evaluate whether policies and procedures are being followed.
- Monitor compliance with laws and regulations.
- Ensure controls are in place to protect and secure USA assets.
- Suggest ways to reduce costs, improve processes, manage risks, and enhance revenues.
- Investigate alleged fraud situations.
- Essentially we are your internal consultants
- And much more!
Where Do We Work
The scope of our work includes all University of South Alabama entities including the university, hospitals, cancer institute, clinics, etc.
What Is Our Authority
The Department has unrestricted access to all USA activities, records, properties, and personnel. The President has endorsed this right and has resolved that no member of management should attempt to restrict or limit the scope of internal auditing activities.
What Are Our Standards
The internal audit department and staff follows authoritative guidance promulgated by the Institute of Internal Auditors (IIA). The IIA is the internal audit profession's global voice, recognized authority, acknowledged leader, chief advocate, and principal educator. (source theiia.org). The IIA promulgates professional standards and other authoritative guidance organized under a Professional Practices Framework (IPPF). This framework provides International Standards and Code of Ethics by which internal auditors should follow. The IIA has over 180,000 members in over 22 countries.