University Audit

Charter

Mission

The mission of the Office of the University Auditor is to assist the State University of New York Board of Trustees and University management in the discharge of their responsibilities by providing the independent and objective appraisals of SUNY's financial, operational, and control activities.

Authority

The Office reports to the Chancellor and to the Audit Committee of the Board of Trustees. These reporting relationships ensure independence, promote comprehensive audit coverage and assure adequate consideration of audit recommendations. Office personnel, in the performance of audits, will be granted full access to all SUNY functions, records, physical properties, electronic media, and employees. The Office has no direct responsibility for, nor authority over, any of the operations or activities that are reviewed.

Objectives

In fulfilling its mission, the Office's objectives include the following:

• Appraising the effectiveness and application of administrative and financial controls and reliability of data.
• Evaluating compliance with SUNY policies and procedures and pertinent laws and regulations.
• Ascertaining the adequacy of controls for safeguarding SUNY assets and, when appropriate, verifying the existence of such assets.
• Investigating fiscal improprieties.
• Coordinating audit planning with the State of New York, Federal and independent auditors.

Audit activities are conducted in compliance with the International Standards for the Professional Practice of Internal Auditing promulgated by the Institute of Internal Auditors.