What exactly is Internal Audit?
Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. The Internal Audit department is charged with the following: • ensuring that university policies and procedures are followed, • determining that Albany State University (ASU) is in compliance with public laws and regulations, and • assisting administration in improving operating efficiency and strengthening internal controls. Because objectivity is essential to the audit function, Internal Audit has no authority or responsibility over the activities that we audit. We do not set policies; we ensure that the policies established by management are followed.
