By definition, Internal Auditing is an independent and objective assurance and consulting activity that is guided by a philosophy of adding value to improve the operations of the University of Idaho. It assists the university in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s risk management, control, and governance processes.
We conduct our audits in accordance with professional auditing standards promulgated in the Institute of Internal Auditors (IIA), International Standards for the Professional Practice of Internal Auditing.
Internal Audit is subject to the IIA Quality Assurance and Improvement Program, which is an independent evaluation of our conformance with the Definition of Internal Auditing and the International Standards for the Professional Practice of Internal Auditing (Standards) and an evaluation of whether internal auditors apply the Code of Ethics. The program also assesses the efficiency and effectiveness of the internal audit activity and identifies opportunities for improvement.
Internal Audit staff is responsible for conducting themselves so that their integrity, objectivity, confidentiality, and competency are not open to question. Standards of professional behavior are based upon the Code of Ethics of the Institute of Internal Auditors.