UT Virtual View Book
UT Rockets
A University Rising
UTMC Named Regions #1 Hospital
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)
Can I prepare for an internal audit? How?
Before we come to perform an audit an announcement is made to local and senior management of the functional area being audited, in plenty of time before our work is scheduled to begin, either by letter, electronic mail, or phone. We will ask for some background on the area being audited, to help facilitate our review. These are some the items we typically ask for, but it is not a comprehensive list.• an organization chart
• job descriptions for key personnel
• list of employee names
• department
goals and objectives
• list of recent relevant transactions, preferably in electronic format
• department budget
code(s)
• department operating policies and procedures manual
• inventory listings for both equipment and software
• cell phone usage list with approved authorizations
• small purchase charge card documentation
Wewill also ask local management to inform their team about the upcoming audit, and that they should cooperate fully with the audit team. We will also request any information that will enable us to minimize disruptions to the department’s schedule.
