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Welcome
- Home
- Meet the Team
- 20 Questions for Internal Audit
- Guidance
- Compliance and Privacy Office
- ADA/504 Compliance
- Anonymous Reporting Line
- Finance Office
- Finance and Audit Committee
- Internal Audit Plan
- Finance and Audit Committee Presentations
- UT Home Page
- ** New Links **
- Federal Title IV Financial Aid Reporting Requirements
- U.S. Dept. of Education Federal Student Aid Federal Direct Loan Program Audit Report (2010-2011 program year)
- 2010-2011 Annual Financial Report with A133 (as submitted to The State of Ohio in October of 2011)
What is the difference between internal auditors and external auditors? Don't they look at the same stuff?
Internal auditors are individuals within an organization's internal auditing department who evaluate the adequacy of business objectives, risks, and controls at a process level. External auditors are individuals that perform independent audits of the integrity and reliability of the University’s financial statements (Plante and Moran are UT’s external auditors). While there may be differing objectives between the two sets of auditors, it is expected that these two functions closely collaborate and share information of common interest, to minimize disruptions throughout the organization.
