The Office of Internal Audit is a vital part of the university and functions in accordance with the policies established by the president and the Board of Trustees. The director reports directly to the university president. The office is guided by the Winthrop University Mission Statement in that it supports the function of the university to provide and preserve its financial resources. These resources are necessary for the continued recruitment and education of the best students, and for the continued recruitment and employment of, and support for a nationally recognized faculty and staff. The organizational status and the support accorded to the director by executive management and staff are major determinants of the scope and value of the internal audit function to the University.
The office provides independent, objective assurance, and consulting services designed to add value and improve Winthrop University’s operations. Its purpose is to evaluate and improve the effectiveness of risk management, control, and governance processes as support to the president and her management team to assist them in accomplishing their objectives.
The office is responsible for providing executive management with information about the adequacy and effectiveness of the university’s system of internal administrative and accounting controls and the quality of operating performance when compared with established standards.