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Contact Us

Mailing Address:
Brad White
Director of Internal Audit Services
Mail Stop 3171
Moscow, ID 83844-3171

Phone: 208-885-2133

Fax: 208-885-0180

Email: white@uidaho.edu

Risk Assessment Process

In accordance with the Institute of Internal Auditors, Standards for the Professional Practice of Internal Auditing, our audits are based on an on-going risk assessment process, which begins with the identification and refinement of the audit population. The audit population typically includes: 

  • Organizational units, such as colleges, departments, divisions or decentralized offices; and
  • Transaction cycles or university-wide systems that affect multiple organizational units, such as payroll, procurement, hiring, purchase cards, cash receipting, reporting, etc.

To assist us with identification of the audit population and assignment of risk and audit priorities, Internal Audit annually seeks input from university management across campus, the State Board of Education, internal audit directors of other Idaho universities and external auditors.

Financial Risk

The risk of financial loss, negative changes in financial position, negative response from external regulators such as the SBOE, bond rating agencies, grantors, etc.

Compliance Risk

The risk that processes and disclosures may not comply with laws and regulations resulting in monetary and non-monetary penalties and increased oversight by regulators.

Reputation Risk

A measure of the potential impact to the university’s positive image and credibility.

Operational Risk

The risk of lost productivity, inefficiency and disruption to services as a result of inadequate or failed internal processes, people and systems, or from external events.

Strategic

The risk of limiting, obstructing or delaying the achievement of the university's mission and goals.

Contact Us

Mailing Address:
Brad White
Director of Internal Audit Services
Mail Stop 3171
Moscow, ID 83844-3171

Phone: 208-885-2133

Fax: 208-885-0180

Email: white@uidaho.edu