Advisory Services
Internal Audit Advisory Services provide proactive guidance and expertise to help management improve operations, strengthen internal controls, and manage risks more effectively. Unlike traditional audits, which focus on assessing compliance or identifying deficiencies after the fact, advisory services emphasize prevention and improvement. These services may include:
- Policy and Process Consultation: Reviewing draft policies, new procedures, or organizational changes to ensure appropriate controls and efficiencies are built in from the start.
- Risk and Control Assessments: Identifying potential risks in new or existing processes and recommending control measures to mitigate them.
- System Implementation Support: Advising on internal control design and data integrity during the development or rollout of new information systems.
- Operational Improvements: Offering insights to enhance efficiency, transparency, and accountability in daily operations.
The goal of advisory services is to act as a trusted partner to management—providing objective, value-added input that supports informed decision-making and helps the University achieve its strategic and operational goals while maintaining sound governance and control practices.