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Mission of the Internal Audit Department
The Norfolk State University Internal Audit Department functions as an
independent appraisal activity within the organization to provide a
protective and constructive service to management and the Board of
Visitors in discharging their duties and responsibilities.
This objective is achieved by providing them with objective analyses,
appraisals, recommendations, and pertinent comments, concerning activities
reviewed.
The attainment of this overall objective involves
such activities as:
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Reviewing and appraising the soundness,
adequacy, and applications of accounting,
financial, |
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and other operating controls, and
promoting effective control at a reasonable
cost (the system of internal control). |
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Ascertaining the extent of compliance by
the University and its employees to
established policies, |
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plans, and
procedures. |
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Ascertaining the extent to which assets
are accounted for and safeguarded from
losses of |
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all kinds. (Discovery and
prevention of fraud, embezzlement, theft, waste, etc.) |
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Ascertaining the reliability of financial data
developed within the organization. |
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Recommending operating improvements. |
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