Our Services

Audit Plan

The Senior Director, Internal Audit, after consultation with the University's senior leaders, establishes the activities for the team through an audit plan. This plan is approved by the Audit Committee of the Board of Governors.

The plan is developed using a risk-based approach and shall identify:

  • All projected assurance engagements
  • A brief description and objectives of the engagement
  • Linkage to the University's Enterprise Risk Management framework

The plan shall also accommodate for any unforeseen matter that may arise during the year. Any significant deviations from the plan is communicated to the Audit Committee and the University’s senior leaders through periodic reports.

Assurance

Assurance engagements are independent evaluation of key processes and controls. These risk-based engagements are based on the approved audit plan, designed to analyse processes, identify risks, and determine if governance and related controls are effective and efficient to achieve stated objectives.

Advisory

Advisory engagements are often initiated by Management seeking advice understanding effective governance, risk and control frameworks and processes. Examples of advisory services are process change reviews, system implementations, process or system redesign initiatives and/or policy changes.

Data Analytics

Engagements utilizing tools to inspect, cleanse, and model data with the objective of highlighting meaningful information, identifying trends and providing insights to assist in decision making. These engagements can be risk-focused or performance focused.