Register Now for AuditCon 2024

The Association of College and University Auditors (ACUA) is an international professional organization serving institutions of higher education around the world. Since its establishment in 1958, ACUA has provided its members a collegial forum for exchanging and sharing knowledge and generating new ideas. ACUA is committed to increasing members’ knowledge of auditing, regulatory compliance, and risk management in higher education.

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Read the 2024 Spring College and University Auditor Journal

The College and University Auditor Journal is an official publication of the Association of College and University Auditors. Published three times a year, the College and University Auditor is written and edited specifically for college and university internal auditors.

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Succession Planning- Building Trust and Developing Talent (the keys to long term success)

The term "Succession Planning" does not usually bring to mind positive thoughts to most supervisors and staff, and with good reason. Most succession planning efforts fall short of their goals or fail completely. Many of these failures can be traced back to poor planning and unrealistic expectations. This session will give some examples to simplify the process and focus on developing talent and skills that benefit the employee and the organization. The session will also provide a simple tool to get started in your department or to help another function.

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ACUA 2024 Virtual Spring Summit - Registration Now Open!

ACUA Winter Break - Office Closure

As it is the case with many of you and your schools, the ACUA staff will be out of the office from December 23, 2023 until January 2, 2024. We wish you a joyous holiday season and a prosperous 2024. 

Final ACUA Response to Proposed IIA Standards

ACUA submitted a comment letter expressing appreciation for the IIASB's efforts to update the Standards. In the letter, President Melissa Hall outlined individual member feedback on the proposed Standards through the IIA Survey. In addition, President Hall addressed our member poll on assessing the general reaction to the proposed Standards.

To read the full statement, please click here.

C&U Journal: Summer 2023 Issue is now live!

The Summer 2023 Issue of College & University Auditor Journal is now available for you to read. We hope you enjoy this new edition.

We invite you to join a growing field of professionals making their mark on the collective learning of our ACUA community by reaching out to me at editor@ACUA.org. Questions, ideas, and comments are always welcome.

Lastly, please review the proposed changes to the IIA Standards in the article below and submit your comments to the IIA by Tuesday, May 30.

Sincerely,
Kara Hefner
Editor

ACUA Survey on Proposed Changes to the IIA Standards

Dear ACUA Members:

The Auditing and Accounting Principles sub-committee would like to hear from you. Please complete a brief six-question survey and share your thoughts about the proposed changes to the IIA Standards. The information collected will be used to prepare ACUA’s response to the proposed changes during the IIA’s public comment period.

To take the survey, please click here. The deadline to complete the ACUA Survey is Monday, May 8, 2023.

We thank you in advance for your participation during this exciting time in the internal auditing profession. Feel free to forward any questions to Erin Egan-Director, ACUA Auditing and Accounting Principles sub-committee, at erin.egan@rutgers.edu, or Amy Kozak-Chair, ACUA Standards and Best Practices Committee at amy.kozak@wwu.edu.
 

ACUA & IIA Comments Regarding PCAOB Rulemaking Docket Matter No. 028

ACUA submitted a comment letter expressing concerns on the Public Company Accounting Oversight Board's (PCAOB) proposed auditing standard, “The Auditor’s Use of Confirmation, and Other Proposed Amendments to PCAOB Standards.” In the letter, President Melissa Hall acknowledges the problematic proposed language that "represents a concerning shift in the PCAOB's attitude toward professional internal auditors."

To read the full statement, please click here.

Call for Volunteers: Auditing & Accounting Principles Sub-Committee

Position: Member, Auditing and Accounting Principles Sub-Committee  

Number of volunteers needed: 2 volunteers

Time Commitment: This position requires an immediate need for potentially 5-10 hours per month from March 2023 to May 2023 as the sub-committee prepares the ACUA response to the IIA changes to its Standards. After May 2023, the time commitment is potentially a couple of hours per month to research, discuss, and/or summarize relevant news in auditing and accounting to the ACUA membership.

Task Description: Immediate need is for a contributor to the sub-committee’s charge of preparing the ACUA response to the IIA’s proposed changes to its Standards during the public open comment period. The open comment period begins on March 1, 2023, with the release of the new Standards and closes on May 30, 2023. The sub-committee will communicate with the ACUA membership that it is preparing this response and solicit feedback from the membership once it has reviewed the changes to the Standards. The sub-committee will review the membership’s responses and summarize them into a response that will be reviewed and approved by the ACUA President and Board.

Otherwise, the sub-committee meets virtually every other month and corresponds via email to discuss, research, and publish relevant changes to auditing and accounting principles impacting higher education to the membership.

Qualifications:

• ACUA member in good standing
• Ability to summarize and organize information
• Enjoys writing and editing

Expectations: The volunteer should be able to commit to a time-sensitive project with interim deadlines throughout March–May 2023

Interested? If you are interested in volunteering for this position, please contact Amy Kozak, Standards and Best Practices Committee Chair, for more information at amy.kozak@wwu.edu or 360-650-3435. Thank you for your consideration!