To be an independent trusted advisor and partner to the University community providing assurance and consulting services, insight, and credibility to help the University accomplish its goals. We collaborate with the University promoting positive change, accomplishment of goals, and strong ethics and internal controls.
To enhance and protect Wayne State University's value by providing risk-based and objective assurance, advice, and insight. Internal Audit aims to help the University accomplish its objectives by bringing an independent, systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Internal Audit CARES
Our engagement procedures focus on assessing risks, internal controls, compliance, and operational effectiveness and efficiency covering:
Compliance: With policies, rules regulations, and laws.
Authorization: Proper review and approval.
Reliability and accuracy of data: Data is accurate, timely, useful, reliable and relevant.
Effectiveness and efficiency: Operations are effective and efficient and add value; accomplishment and monitoring of goals.
Safeguarding Assets: Assets are protected from theft, misuse, and/or destruction.