The Office of Internal Audit at UNCW was established in 1983 and our mission is to provide independent, objective assurance and consulting services designed to add value and improve the organization's operations. We help UNCW accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Our work is conducted and managed in accordance with The Institute of Internal Auditors' (IIA's) International Standards for the Professional Practice of Internal Auditors, which include the definition of internal auditing, Code of Ethics, and the Standards. In order to fully comply with the Standards, our office must have a quality assurance and improvement program that includes both internal and external assessments. The first external assessment of our office occurred in May 2011, and we received the highest possible rating.
The Office of Internal Audit reports functionally to the Audit Committee of UNCW's Board of Trustees and administratively to the Chancellor. In keeping with the IIA's standards, we maintain a strong working relationship with the Audit Committee. Consequently, the director presents results of audits and other office activities to the Audit Committee at their quarterly meetings. In addition, the director assists the Audit Committee in understanding their role and responsibilities and educates committee members on emerging trends and best practices.