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 plan is developed through the annual risk assessment process. When creating the plan, the following factors are considered:
- Input from the Audit, Compliance and Enterprise Risk Management (ACERM) Committee of the Board of Trustees
- Input from the Chancellor and Cabinet
- Length of time since the last audit
- Number of findings in previous audits
- The dollar value of transactions processed through the area
- The complexity of the area
- Recent changes in policies, rules or regulations
- New systems implemented
The ACERM Committee approved the Fiscal Year 2022 Internal Audit Plan (see below) on April 6, 2021.
University of North Carolina at Charlotte |
Fiscal Year 2022 Internal Audit Plan |
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Financial Audits/Reviews |
Covid Relief Spending Audit |
Consulting Services Contracts |
|
Information System Controls |
IT Governance - IT Project Prioritization |
Cyber Security - Phishing |
SOC 2 Verification |
Gramm-Leach-Bliley Act (GLBA) |
System Authentication Compliance (SSO/MFA) |
Banner Access Review |
|
Audits / Reviews of Internal Controls |
Internal Control Testing |
|
Performance/Operational Audits and/or Reviews |
Police & Public Safety - Admin Review |
EHSO - Admin Review |
Athletics - Admin Review |
Engineering - Admin Review |
Liberal Arts & Science - (select subtopic) |
Facilities Management - Informal Projects |
Greek Life Review |
|
Compliance Audits |
Grants (Other than I/UCRC) |
|
Investigations |
As needed |
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Special Assignments |
Monitor Enterprise Risk Management (ERM) |
Annual Internal Quality Assessment Review of Internal Audit |
Co-host Virtual UNC Auditors Association Conference |
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Complete Audits Started in FY 2021 |
Endpoint Management |
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The Internal Audit Plan is flexible, which allows for adjustments as necessary in response to institutional priority shifts, timing contingencies and special project requests. Senior Management and the ACERM Committee approve changes to the plan.
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.