The audit report summarizes the results of our audit, and will include any findings and recommendations as deemed appropriate by the auditor. A draft copy of the report is presented at an exit conference so that management can review and comment prior to our issuance of a final report.
Management is encouraged to review the draft report carefully to verify that the auditor’s conclusions are factual and complete. If the report contains findings, management will be asked to provide a brief response and a corrective action plan.
The final report includes management’s response to the audit findings and recommendations, and is distributed to the University’s internal Audit Committee who will review the report and distribute it to the University President. The President distributes copies of reports to individuals responsible for corrective action. The audit committee will follow up on corrective action about 12 months after the report is issued.
The reports have control numbers and should not be copied or disseminated without permission from Internal Audit. Individuals who want a copy of an audit report must request a copy in accordance with Public Record Request Procedures (Administrative Procedures Manual 65.03)
Summaries or copies of audit reports will be provided to the SBOE Audit Committee as requested.