Internal Audit Charter
• Directing the activities of any Central Washington University employee not employed by the internal audit department, except to the extent that such employees have been appropriately assigned to auditing teams or to otherwise assist internal auditors. Where the Internal Audit Manager has or is expected to have roles and/or responsibilities that fall outside of internal auditing, safeguards will be established to limit impairments to independence or objectivity. Internal auditors will: • Disclose any impairment of independence or objectivity, in fact or appearance, to appropriate parties. • Exhibit professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined. • Make balanced assessments of all available and relevant facts and circumstances. • Take necessary precautions to avoid being unduly influenced by their own interests or by others in forming judgments. The Internal Audit Manager will confirm to the Board of Trustees Finance and Audit Committee, at least annually, the organizational independence of the internal audit department. The Internal Audit Manager will disclose to the Board of Trustees Finance and Audit Committee any interference and related implications in determining the scope of internal auditing, performing work, and/or communicating results. Scope of Internal Audit Activities The scope of internal audit activities encompasses, but is not limited to, objective examinations of evidence for the purpose of providing independent assessments to the Board of Trustees Finance and Audit Committee, management, and outside parties on the adequacy and effectiveness of governance, risk management, and control processes for Central Washington University. Internal audit assessments include evaluating whether: • Risks relating to the achievement of Central Washington University’s strategic objectives are appropriately identified and managed.
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