Mission and Scope of Work
The mission of The
University of Texas at Brownsville’s (UTB) Office of Internal Audits is
to provide an independent, objective assurance and consulting activity designed
to add value and improve the University’s operations. The Office of Internal
Audits helps UTB accomplish its mission in learning, research, and public
service by bringing a systematic, disciplined approach to evaluate and improve
the effectiveness of risk management, control, and governance processes.
Internal Audits will accomplish this mission by determining
whether UTB’s network of risk management, control mechanisms, and governance
processes, as designed and represented by management, is adequate and
functioning in a manner to ensure the following:
appropriately identified and managed.
financial, managerial, and operating information is accurate, reliable, and
are in compliance with policies, standards, procedures, and applicable laws
acquired economically, used efficiently, and adequately protected.
and objectives are achieved.
continuous improvement are fostered in control processes.
The Director of
Internal Audits, in the discharge of his/her duties, shall be accountable to the
President and the Institutional Audit Committee to:
assessments on the adequacy and effectiveness of the organization’s
processes for controlling its activities and managing its risks in the areas
set forth under the mission and scope of work.
issues related to the processes for controlling the activities of the
organization and its affiliates, including potential improvements to those
processes, and provide information concerning such issues through
provide information on the status and results of Internal Audits’ annual
work plan and the sufficiency of department resources.
UTB’s interaction with the State Auditor’s Office and other external audit
To provide for the
independence of the internal auditing activity, the Director of Internal Audits
reports directly to the President and must be free of all operational and
management responsibilities that would impair his/her ability to review
independently all aspects of the institution (per the Texas Internal Auditing
Act, Section 2102, Government Code). The Director of Internal Audits also has
an indirect reporting relationship to the University of Texas System (UT System)
Chief Audit Executive who has responsibility for oversight of the internal
auditing activity for the UT System and has the reporting responsibility for all
institutions to the Audit, Compliance, and Management Review Committee of
the Board of Regents. The Institutional Internal Audit Committee will provide
input to the President on the hiring and dismissal of the Chief Audit Executive
in consultation with the UT System Chief Audit Executive.
The Director of
Internal Audits is designated as the Chief Audit Executive of UTB (per the
International Standards for the Professional Practice of Internal Auditing).
Internal Audits is
Develop a flexible
annual work plan using an appropriate risk-based methodology, including any
risks or control concerns identified by management, and submit that plan to
the UTB President, Institutional Audit Committee, and the Audit, Compliance,
and Management Review Committee of the Board of Regents for review
and approval as well as periodic updates.
annual work plan, as approved, including as appropriate any special projects
requested by executive management of the institution, U. T. System
officials, or the Board of Regents.
Have and maintain
a professional audit staff with sufficient knowledge, skills, experience,
training, and professional certifications to meet the requirements of this
charter and the Texas Internal Auditing Act.
assess significant merging/consolidating functions and new or changing
services, processes, operations, and control processes coincident with their
development, implementation, and/or expansion.
reports to the President and Institutional Audit Committee summarizing
results of audit activities.
Keep the President
and Institutional Audit Committee informed of emerging trends and successful
practices in internal auditing.
Assist in the
investigation of significant issues within the institution and notify
appropriate members of executive management of the results.
Consider the scope
of work of the external auditors and regulators, as appropriate, for the
purpose of providing optimal audit coverage to the institution.
assurance reviews in accordance with professional Internal Auditing
standards and periodically taking part in external peer reviews.
and advisory services as appropriate.
institution on control self-assessment by assisting managers with risk
self-assessment and conducting self-audits.
information to the U. T. System Chief Audit Executive as required or
requested to fulfill the System-wide audit oversight and reporting
audit reports and related responses or action plans with the U. T. System
Audit Office, the office of the Governor, the State Auditor’s Office, Sunset
Advisory Commission, and the Legislative Budget Board after presentation to
the Institutional Internal Audit Committee.
Prepare the annual
report required by the Texas Internal Auditing Act (Section 2102, Government
Code) and submit the report to the President, U. T. System Audit Office,
Office of the Governor, Sunset Advisory Commission, State Auditor, and the
Legislative Budget Board.
Internal Audits is authorized to:
Have full, free, and unrestricted
access to all functions, activities, records, property, information systems,
and personnel (the examination of patient medical records is included when
it serves a specific audit need).
Allocate resources, set frequencies,
select subjects, determine scopes of work, and apply the techniques required
to accomplish audit objectives.
Obtain the necessary assistance of
personnel in units where they perform audits, as well as other specialized
services from within or outside the institution.
Internal Audits is not authorized or expected to:
The activities of Internal Audits will conform to the
Standards for the Professional Practice of Internal Auditing
and the definition of Internal Audit
of The Institute of Internal Auditors and uphold the principles of integrity,
objectivity, confidentiality, and competency as defined in The Institute of
Internal Auditors Code of Ethics. The Office of Internal Audits will also abide
by generally accepted government auditing standards, the
Texas Internal Auditing Act,
and University of Texas System guidelines and applicable
UT System Policies.
The Internal Audit Charter
was formally approved by the UTB Internal Audit Committee on May 23, 2012.
Periodic reviews of the charter will be performed by the Committee