News
Are you aware there is fraud occurring all around you? Discover the meaning of occupational fraud. Learn how you can recognize fraud, prevent it and detect it, and how to report it so action can be taken by attending the next course. The next session will be presented in the Fall 2024. Register through Learning […]
What are some of the issues that auditor’s encounter? What are internal controls? Discover and learn how internal audit works and how you can help your area by attending the next course. The last session was presented on April 4th, 2024. The next session is November, 2024. Register through Learning and Development with the Human […]
Internal Audit presented the upcoming FY 2024 audit plan to attendees on June 15th. For individuals that were unable to attend and for reference purposes, click the below link to access the presentation slides.
May is Internal Audit Awareness Month. During this observance and throughout the year, audit professionals work to raise awareness of the internal audit profession and its value to businesses and organizations. The awareness efforts are not only to dispel misperceptions of the profession but also to enhance everyone’s knowledge of the essential role internal auditing […]
Amazon’s Alexa. Nest thermostats. ADT home security systems. Apple CarPlay. Pacemakers. What do these, and hundreds of other devices, have in common? They are a part of the ever-growing Internet of Things (IoT). Tech Target defines IoT as “a scenario in which objects, animals, or people are provided with unique identifiers and the ability to […]
During recent reviews, the Internal Audit Department learned that some supervisors have shared personal passwords with trusted employees. Allowing associates to use their supervisor’s sign-on credentials provides these employees with access they should not have. Also, it defeats the purpose of the audit trail, which is designed to track any activity or changes made by […]
Internal auditors are explorers, analysts, problem-solvers, reporters and trusted advisors. They bring objectivity and a variety of skills and expertise to an organization. They come from diverse areas, such as finance, operations, IT and engineering. Today’s internal audit professionals are known for their critical thinking and communication skills, as well as their general IT and […]
Summer coincides with the annual end-of-the-year purchasing spree by some campus departments and units, and it is a time for offices to purge, replace, repurpose or recycle equipment. While most items make their way into the trash or recycle bins, University employees should exercise caution, as certain items require special handling. If an item is […]
Universities are more integrated, more interdependent and more diverse than ever, while internal audit is tasked with doing more with less. All of these factors create significant challenges for traditional internal audit operating models. Meeting management’s expectations in this dynamic environment requires a new mindset. The need to respond to the latest headlines, attacks and […]
Professional standards (the International Professional Practice Framework) require the chief audit officer to “develop and maintain a quality assurance and improvement program (QAIP) that covers all aspects of the internal audit activity.” The QAIP should be designed to provide reasonable assurance to stakeholders of the Internal Audit Department that it: The QAIP includes two parts: […]
The UNC Charlotte Internal Audit Department defines its success by helping other University employees and campus units do their jobs more effectively and efficiently. Internal audit is ever-changing, and so are the proficiencies that it takes for an internal auditor to be successful. Technical skills are important and necessary, but soft skills are important, too. […]