Reporting Structure

The Director of Internal Audits reports directly to the President of the University and concurrently to the Board of Trustees. This reporting structure was established via the enactment of the University Policy: The Internal Audit Program, adopted on
September 30, 1982. Internal Audits provides the President and the members of the Audit Committee of the Board of Trustees with copies of internal audit reports. Copies of internal audit reports are also provided to the members of the Management Audit Committee whose membership includes many of the University Vice Presidents and the Provost.

The Management Audit Committee (MAC) is comprised of the following members:

• Executive Vice President, Chief Financial Officer and Treasurer
• Provost and Senior Vice President of Academic Affairs
• Vice President for Student Affairs
• Senior Vice President for Construction, Facilities and Operations
• Vice President for Computer and Financial Services & CIO

The MAC is responsible for identifying potential areas of risk and recommending changes in University policies and procedures to improve controls, to recommend to the President a schedule of internal audits, to review policies and procedures of the Department of Internal Audits, to review the functioning of the Internal Audit Program and to conduct periodic reviews of units' compliance with solutions and corrective actions noted in completed audits.

The MAC is provided administrative support by the Director of Internal Audits and meets at least semiannually and on other occasions at the call of the Chair.