Internal Audit (IA) is an independent function that reviews and evaluates university activities on behalf of university management and the Audit Committee of the Board of Trustees. IA uses a systematic and disciplined approach to evaluate and improve the adequacy and effectiveness of the university’s governance, risk management and internal controls. IA conducts reviews identified as part of its annual IA plan as well as consulting, investigations and other reviews, as necessary.
All audit activity is governed by the mandatory guidance of the Institute of Internal Auditors'(IIA) International Professional Practices Framework, which includes the Definition of Internal Auditing, the Code of Ethics, and the International Standards for Professional Practice of Internal Auditing.
The main goal of IA is to add value and improve an organization's operations. IA objectively enhances the organization's business practices through the identification of control weaknesses, potential process improvements, and positive change opportunities. IA reporting facilitates this process by documenting observations, risks, and action plans identified through the audit
process.
Contact Us!
Internal Audit
DePaul University
1 E. Jackson Blvd.
Chicago, IL 60604