The
California State University, Northridge Office of The Internal Auditor
follows the Standards for the Professional Practice of Internal Auditing
(Institute of Internal Auditors) and generally accepted governmental auditing
standards. A variety of audits are performed in the review of campus programs
and resources. These audits include:
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Operational
Audits:
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These
audits examine the use of resources to determine if resources are being
used in the most effective and efficient manner to fulfill the University's
mission and objectives. An operational audit includes elements of the
other audit types listed below. |
Financial
Audits:
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These
audits review accounting and financial transactions to determine if commitments,
authorizations, and receipt and disbursement of funds are properly and
accurately recorded and reported. This type of audit also determines if
there are sufficient controls over cash and other assets and that adequate
process controls exist over the acquisition and use of resources. Unlike
external financial audits, internal financial audits do not prepare or
express professional opinions on the financial statements fairness. |
Compliance
Audits:
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These
audits determine if entities are complying with applicable laws, regulations,
policies and procedures. Examples include federal and state laws, Trustee
policies, Chancellor's Office directives, and CSUN policies and procedures.
Recommendations usually require improvements in processes and controls
used to ensure compliance with regulations. |
Information
Systems (IS) Audits:
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These
audits review the internal control environment of automated information
processing systems and how people use these systems. The audits usually
evaluate system input, output; processing controls; backup and recovery
plans; system security; and computer facilities. These audits may review
existing, as well as, developing systems. |
Internal
Control Reviews:
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These
audits focus on the components of the University's major business activities,
such as payroll and benefits, cash handling, inventory and equipment,
physical security, grants and contracts, and financial reporting. |
