Internal Audit Services is an independent objective assurance and consulting activity designed to evaluate and improve the organization's operations as a service to the Board of Governors and management.
Our mission is to assist the Board of Governors and management in achieving their goals and objectives by:
- Performing independent and objective assessments of MacEwan University’s processes and controls
- Providing assistance and guidance in the management of risks and opportunities
- Recommending and promoting improvements to processes and the control environment
The Internal Audit Services Charter defines the vision, mission, responsibility, and authority of Internal Audit Services at MacEwan University. The full charter outlines the responsibility and authority of IAS.
In relation to Internal Audit matters the Associate Vice-President, Internal Audit and Risk Management, reports functionally to the Audit and Risk Committee of the Board of Governors and administratively to the Vice-President and General Counsel.
The Audit and Risk Committee is a standing committee of the Board of Governors.
The Audit and Risk Committee Terms of Reference are accessible on the Board and Committee Structure webpage.
As internal auditors we are focused on the identification, assessment, and management of risks and opportunities. We are employees of the university and our audits are generally prioritized to concentrate on areas where the university has the greatest perceived risk of not achieving objectives, or the greatest opportunities for savings or improved performance.
The Auditor General of Alberta is the external auditor for MacEwan University. They are the independent auditor of every Government of Alberta ministry, department, regulated fund and agency. They audit the university’s financial statements.
This presentation is intended to provide an overview of fraud prevention and education to all employees at the University.