ABOUT UW-INTERNAL AUDIT
About UW-Madison Internal Audit?
We are an independent assurance activity serving the UW-Madison. Our ongoing reviews, based on a comprehensive audit plan, provide management with an evaluation of operating and financial systems and their related internal controls. This plan addresses not only financial systems, but also systems in non-financial areas established to ensure compliance with rules of external agencies and organizations. We:
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Conduct operational audits that are designed to test systems and procedures to provide assurance they are functioning as designed and provide the intended results. This includes assessing internal controls and the separation of duties for activities involved in handling receipts.
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Provide, on a consulting basis, assistance in the design and implementation of accounting and compliance systems. Consulting is usually provided in response to requests by clients who do not have the internal expertise or resources to do the work on their own, or want an independent appraisal of their efforts.
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Provide departments and administration with technical assistance in the development of campus-wide policies and procedures for business related activities. This consultation is to ensure that adequate consideration is given to internal controls and accountability.
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Conduct investigative audits in situations where allegations of fraud, abuse or conflict of interest arise. These audits typically involve coordination with campus, local and state law enforcement or federal agencies as necessary.
Internal Audit staff are trained professionals with business degrees in accounting or related fields. We participate in a variety of continuing education programs directed toward current issues in Higher Education and Internal Auditing. Our goal is to provide you with skilled professional support that will enable you to more effectively fulfill the mission of your department.