The UNC Charlotte Internal Audit Department performs operational, compliance, financial and IT audits according to the annual Internal Audit Plan. Audit engagements are conducted in conformance with the International Standards for the Professional Practice of Internal Auditing. The plan evaluates risk exposures related to governance, operations and information systems regarding the:
- Reliability and integrity of financial and operational information
- Effectiveness and efficiency of operations and programs
- Safeguarding of assets
- Compliance with laws, regulations, policies, procedures, and contracts
The Internal Audit Plan is developed through the annual risk assessment process. When developing the plan, consideration is given to any requests made by the board and/or senior management. Internal Audit also takes into consideration factors such as the length of time since the last audit; the number of findings in the last audit; the dollar value of transactions processed through the area; the complexity of the area; changes in policies, rules or regulations that affect the area; and any new system development.
The Audit, Compliance and Enterprise Risk Management Committee (ACERM) of the Board of Trustees and senior management approve the Internal Audit Plan. Below is the Fiscal Year 2020 Internal Audit Plan that was approved on April 12, 2019.
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University of North Carolina at Charlotte |
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Fiscal Year 2020 Internal Audit Plan |
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Financial Audits/Reviews |
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Athletic Ticket Revenue Audit |
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Information System Controls |
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Data Security Plans Verification |
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IT Network/Cyber Security Review |
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General Computer Controls Review |
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IT Risk Assessment |
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Audits / Reviews of Internal Controls |
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Internal Control Testing |
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Performance/Operational Audits and/or Reviews |
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Emergency Response/Crisis Communications Review |
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EHSO - Radiation Safety Program |
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SACSCOC Accreditation Review |
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Admin Review - Student Affairs |
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Admin Review - Business Affairs |
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Compliance Audits |
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NCAA Compliance - Football Attendance Verification |
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ADA Compliance - Disability Services |
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I-9 Verification |
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Audit Findings Follow-up |
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Building Access Audit |
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Others |
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Special Investigations (i.e. Misuse or Misappropriation of Assets) |
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As needed |
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Special Assignments |
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TeamMate Audit Software Implementation |
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Complete Audits Started in FY 2019 |
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Aux Services (Bookstore / Food Services) |
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Admin Review - Online/Distance Education |
The Internal Audit Plan is flexible, which allows for adjustments as necessary in response to institutional priority shifts, timing contingencies, and special project requests. Any changes to the plan must be approved by senior management and the ACERM Committee.
The goal of the Internal Audit Department is to help the University accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and internal control processes. For information about the audit process, refer to the FAQ page on the Internal Audit Department website.