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Office of Internal Auditing
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Internal Auditing

Our goal is to provide an objective, consistent and independent service to management and senior stakeholders.

These are the stages a typical audit follows:

Planning 

Determine objectives, scope, timing and resources.

May involve: 

  • Process discussions,
  • Information gathering,
  • Relationship building.

Fieldwork

Test processes, transactions and controls.  Analyze test results and formulate conclusions. 

May involve: 

  • Direct observation,
  • Shadowing,
  • Document review,
  • Transaction testing.

Reporting

Communicate audit results to audit client, management and stakeholders. 

May involve: 

  • Informal exit summaries for a collaborative review,
  • Recommendations to ensure best practices,
  • Management responses.