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Why does Tufts have an internal audit function?

audit function Internal Tufts
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Why does Tufts have an internal audit function?

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AMAS exists by charter and by-law to assist University management and the Audit Committee of the Board of Trustees to effectively fulfill their responsibilities. We are charged with reviewing the reliability and integrity of information; compliance with policies, plans, laws, and regulations; the safeguarding of assets; and, the economical and efficient use of resources.

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