The mission of UAC is to serve the University by recommending actions to assist them in achieving its strategic and operational objectives and to support and promote a culture of ethics, compliance, risk mitigation, and accountability. This assistance includes providing recommendations to management of activities designed and implemented by management to strengthen internal controls, reduce risk to and waste of resources, and improve operations to enhance the performance and reputation of the University. (Click link above to continue reading)
Audit and Compliance Committee Charter
In September 2022, the AACC was effectively joined with the Governance committee – therefore, in addition to governance activities, the combined committee assumes the former purpose, responsibility, and responsibility set forth in these AACC documents. (Click link above to continue reading)
University Audit shall provide internal audits and reviews, management consulting and advisory services, investigations of fraud and abuse, follow-up of audit recommendations, evaluation of the processes of risk management and governance, and coordination with external auditors. University Audit will escalate and report the results of this work to appropriate internal and external parties including the President and Board of Trustees. (Click link above to continue reading)
University Compliance provides oversight and guidance to university-wide ethics, compliance, and enterprise risk management activities, and fosters a culture that embeds these disciplines in all university functions and activities. (Click link above to continue reading)
As required by the Internal Audit Charter, Florida Board of Governors Regulations, and Internal Auditing Standards, audits are to be scheduled and performed according to a risk-based annual plan which shall be submitted to the President, the AACC, and the Board of Governors. The goal of the Risk Assessment and Audit Plan is to effectively use audit resources in order to provide audit coverage to areas with the greatest known risks and to dedicate sufficient time in administering the Compliance and Ethics Program. (Click link above to continue reading)
Compliance & Ethics Program Plan
Florida Board of Governors Regulation 4.003 provides that each board of trustees shall implement a university wide compliance and ethics program as a point for coordination of and responsibility for activities that promote ethical conduct and maximize compliance with applicable laws, rules, regulations, rules, policies, and procedures. (Click link above to continue reading)
University Audit and Compliance Annual Report FYE24
Board of Governors Regulation 4.002 requires that an annual report be prepared summarizing the activities of University Audit for the preceding year. This report reflects activity for the period July 1, 2023 to June 30, 2024.
