Auditing Academic Processes: Lessons from Down Under
Internal auditors often focus on financial and compliance when compiling their annual program of audits. This may be dictated largely by State requirements but also fits well with the 'traditional' auditor background and strengths. This presentation provides insight into the inclusion in the audit program of core business activities in a university environment to add value and better serve management.
The presenter will provide reasons why academic process audits should be included in the annual program and describe a range of audit activities related to academic processes carried out over several years at the University of South Australia.
Speaker: Phillip John Armanas, Manager: Audit and Risk Management, University of South Australia
Phill Armanas is a Fellow Certified Practicing Accountant (Australia), a Professional Member of the Institute of Internal Auditors (Australia), a Certified Fraud Examiner, a former Certified Information Systems Auditor, and a Justice of the Peace for South Australia. Phill has around 40 years of experience as an internal auditor in both the private and public sectors and has been involved in higher education for the past 24 years. Throughout his lengthy career, Phill has welcomed change and innovative ways in carrying out his work as an internal auditor.
Upon completion of this program participants will be able to:
1. Assess the capacity of their internal audit function to carry out academic process audits in their institution.
2. Evaluate the various ways academic process audits may be beneficial to their institution, not only through adding value, but also in developing stronger working relationships with management.
3. Develop an audit plan which includes an academic process audit cycle.
Field of Study: Auditing
Program Level: Overview
Type of Delivery Method: Group-internet-based
Advanced Preparation: None required
CPE Credit: 1.5 Credits