Auditing Services Charter
Mission
The Office of Auditing Services at Idaho State University is an independent, objective, assurance and consulting organization. Our mission is to assist the University in the accomplishment of its goals in the primary disciplines of learning, research, and public service. We do this by providing a systematic, disciplined, approach to evaluating, advising, and improving the processes of resource application, risk managment, control, and governance throughout the University.
Objectives
The Office of Auditing Services accomplishes its mission through the achievement of the following fundamental objectives:
- Provide reasonable assurance the University’s goals and objectives are being met by appraising the economy and efficiency with which resources are employed and identifying opportunities for cost savings and revenue enhancements.
- Assist University management by identifying and evaluating significant exposures to risk and contributing to the improvement of risk management and control systems.
- Verify the existence of University assets and ensure adequate financial and management safeguards and controls are maintained to protect them from loss.
- Ascertain compliance with University policies and procedures and government laws and regulations.
- Perform special studies and assessments to deal with specific problems or information needs and provide consultation and guidance relative to new policies, procedures, processes, and systems.
- Perform special reviews to investigate fiscal misconduct, fraud, conflicts of interest, waste, and abuse and recommend controls for their prevention and detection.
- Act as a liaison with all external audit organizations to provide assistance where appropriate and maximize audit effort through effective coordination.
Values
The Office of Auditing Services envisions itself as the University’s principal provider of cost-effective, comprehensive, management consulting and auditing services. In carrying out our mission, we share certain beliefs and values and are committed to excellence in every way; in our work ethic, in the products and services we provide, and in our relationships with our customers, employees, industry, and community. We are dedicated to providing service with the highest degree of fairness, integrity, and ethical conduct and in a manner that reflects our core value system, as described below.
Core Values:
- Auditing Services is committed to providing our customers with quality services while striving to nurture long-term relationships. We are sensitive and responsive to our customers’ needs and strive to be fair and objective, honest, courteous, and professional in all our dealings, both as individuals and as representatives of the University. Our relationship with the University community will be characterized by respect, helpfulness, trust, patience, and openness.
- Auditing Services maintains an open-door policy at all times, encouraging the flow of communication, the exchange of ideas, creativity, and self-esteem in the work place.
- Auditing Services will conduct examinations in accordance with applicable standards established by the American Institute of Certified Public Accountants, Institute of Internal Auditors, and/or other applicable audit authorities.
- Auditing Services, although a part of the University, is committed to maintaining independence in defining the scope and objectives of our examinations and reporting the results. We are independent when we carry out our work freely and objectively. Independence permits us to render the impartial and unbiased judgments essential to the proper conduct of audits. We achieve independence through organizational status, objectivity, and personal integrity.
- Auditing Services will clearly communicate what is expected of our people and invest in them to create loyal, long-term employees. We strive to develop employees known for their character, commitment, and confidence, and we recognize the importance of each individual in the success of the University.
- Auditing Services is committed to maintaining professionalism as internal auditors through continued education and training.