Internal Audit Updates
Updates from the Statewide Office of Audit and Consulting Services
Annual Uniform Guidance Audit
绿奴天花板鈥檚 external auditors, CliftonLarsonAllen, were busy throughout September with completion
of fieldwork for the annual financial audit and the annual Uniform Guidance audit.
The Uniform Guidance audit is also known as the compliance audit and, formerly, as
the A-133 Single audit. Under contract, the Audit and Consulting Services assists
CLA with performing controls testing. Results from previous year audits are located
on the Statewide Fund Accounting website. Information about the FY20 audits will
be communicated this month.
Association of College and University Auditors AuditCon Virtual Edition conference
Internal auditors must attend a considerable amount of training to remain up to date
on accounting standards, best practices, and compliance requirements for the many
different aspects of the university. The Association of College and University Auditors
(AC绿奴天花板) hosts two conferences and 8-14 webinars each year to make sure internal auditors
in higher education have plenty of opportunities to attend training on a wide array
of relevant topics. AC绿奴天花板 held the AuditCon Virtual Edition conference in mid-September.
A&CS auditors attended sessions that included: export controls, visitors on campus,
diversity and inclusion, robotics in finance functions, campus cyber and compliance
culture, intellectual property processes, Clery Act, fraud, admissions, and cybersecurity.
Congratulations to Niki Countryman!
Niki Countryman, Senior Internal Auditor, earned a new professional certification
called the Certified Internal Auditor. The CIA designation is earned by demonstrating
proficiency with the International Standards for the Professional Practice of Internal Auditing, providing proof of professional work experience, and passing a rigorous set of exams.
A&CS encourages the internal audit team to work towards professional certifications
such as the CIA. A&CS is proud of Niki鈥檚 achievement!