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University Audit Departments in the United States
Author(s) -
Montondon Lucille Guillory,
Fischer Mary
Publication year - 1999
Publication title -
financial accountability and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.661
H-Index - 44
eISSN - 1468-0408
pISSN - 0267-4424
DOI - 10.1111/1468-0408.00075
Subject(s) - audit , chief audit executive , accounting , internal audit , joint audit , business , accountability , information technology audit , audit plan , performance audit , work (physics) , external auditor , public relations , political science , law , engineering , mechanical engineering
Internal auditors of public and private universities were asked about their selection processes, supervisors, and activities. At public institutions, the governing board selects the internal auditor, the president supervises the work and more audit findings are implemented. Private institutions have more audit committees that are involved with the internal auditors' activities and their auditors perform more program audits. Thus, although public universities are following professional guidelines more closely, suggesting more accountability, private universities have greater access to audit committees and perform more value‐added audits.