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Internal Audit identifies and assesses risk within the University environment through independent auditing and advising. In support of the University's mission, Internal Audit reports risk and makes recommendations to promote sound operating practices.|
What we do and why we do it. |
FAQ's & training for regulatory & business process issues. |
Links to helpful University of Iowa sites. |
Successful Peer Review
The International Standards for the Professional Practice of Internal Auditing require that internal audit functions obtain a comprehensive external peer review or quality assessment at least once every five years. A peer review team consisting of three directors and one manager from four different big ten audit shops completed Iowa’s peer review in May of 2007. The team provided a written opinion stating that the work of the internal audit department at the University of Iowa “generally complies” with the standards of our profession.
New Audit Charter!
The audit charter for the Office of Internal Audit was revised to encompass the audit functions at Iowa State University, University of Northern Iowa and the University of Iowa. The new audit charter was approved at the November Board of Regents meeting held in Iowa City.
