Faculty and Staff Resources: Internal Audit
REPORTING
RESPONSIBILITIES
A written report will
be prepared and issued by Internal Audit following the conclusion of
each audit. Normally, a draft copy of the report will be reviewed
with the college or department head, effected. The college or
department head receiving the final copy of the report will respond, in
writing, to the audit recommendations or concerns on a
timely basis. The response will indicate what actions were taken
regarding specific report findings and recommendations.
Distribution of final
reports will include the Vice President of Finance, Chancellors,
Comptroller, Executive Director of Budget Analysis and Financial
Planning, and other members of Senior Management deemed necessary.
The college or
department head receiving the final audit report is responsible for ensuring that
progress is made toward correcting any unsatisfactory conditions.
Internal Audit is responsible for determining whether the action taken
is adequate to resolve audit findings. If the action is not
adequate, Internal Audit will inform KCTCS management of the potential
risk and exposure in allowing the unsatisfactory conditions to continue.
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