Provides expertise in auditing, accounting, internal controls, and financial risk management.
Promotes best practices and advocates for improvement and accountability.
The chief audit officer reports directly to the Board of Trustees through the chair of the audit committee.
According to board policy, Internal Auditing is a function shared with the Chancellor and the presidents
Internal Auditing is intended to complement, and not replace, other services available either on campuses or in the system office.
Internal Auditing staff understand the unique needs of individual institutions and have developed on-going working relationships with Minnesota State personnel.
Institutions are not charged for services provided by internal auditing staff. Incidental costs may be addressed on specific projects.
Results of services requested by the audit committee are reported to the trustees. Copies of these reports are distributed to management as appropriate.
The results of other requested services are distributed in accordance with pre-established agreements.
State law and board policy governs distribution of fraud inquiry and investigation reports.