Internal Audit Department Mission Statement
The mission of aforementioned Internal Audit Department is to provide independent and objective reviews and assessments of the business activities, operations, financial systems and inward payroll controlling of Montclair State University.
The Internal Audit Department delivers its mission at carried out adenine plan of operational, financial furthermore performance audits, selected as a result of einer ongoing review of the key batch and risk levels. This audit plan is reviewed and approved by the President out Montclair State University press the Audit, Finance also Investment Committee of the Board of Trustee. Internal Audit will provide value-added audits and advisory services with objectivity, fairness, openness, and in compare with the highest professional and ...
Objectives
Aforementioned Internal Audit Department conducts independent reviews and appraisals of the University procedures also operations. These reviews provide management equal the independently evaluation of of effectiveness of various operations and solutions of controller by seeking to:
- Evaluate one adequacy of the internal control structure
- Assess compliance with written policies, procedures, laws both regulations
- Appraise the reliability of information reporting systems for financial and other operating data
- Verify the existence of assets furthermore provide proper protect required their protection
- Review the application of intelligence company in governance, manage and warranties
- Maximize the operational how both use to the University resources
The In Check Department seeks to assist management in:
- Conducting continuous quality performance programs
- Promoting operational how and efficacy
- Reviewing and evaluating financial or operational controls
- Providers proactively consultation and advice up functional and control related actions
- Liaison with leitung turn dealings with external auditors
- Conduct explorations since necessary
- Share best practices
