What is Internal Audit?
“Internal Auditing is an independent objective assurance and consulting activity designed to add value and improve an organizations operations. It helps an organization accomplish its objective by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.” (Definition of Internal Audit by the Institute of Internal Auditors, Inc.)
Internal Audit at Southern Utah University is a service organization which provides both traditional audits and non-traditional services including consulting and analysis. Although audits are based on the past and present, the main focus of an audit is improving procedures and practices in the future.