WELCOME TO THE AUDIT SERVICES OFFICE

 

The Audit Services Officer performs a number of services for management and the University community under the oversight of the Board Audit Committee, these services include:

 

Providing consultation on risk assessment, policy guidance and internal controls for management and departments. UVM management has adopted the COSO Internal Control Model for the University. Our office is available to assist departments in assessing the adequacy and effectiveness of their system of internal controls.

 

Performing operational, compliance and financial audits.  Our audit plan takes into account a number of factors including consultation with management and the board, results of risk assessments, prior audit outcomes, external compliance issues and emerging risks.

 

Coordinating all external audit activity at the University to assure audits are aligned with risks and resources are appropriately applied.

 

Investigating reports of Code of Business Conduct violations.

 

Co-sourcing internal auditing as needed to supplement University resources and obtain outside expertise where suitable.

 

Reporting on the results of internal audits and regulatory audit activity to management and the Board.