Internal Audit

Internal Audit

Providing viable assurance, governance, risk focus, business continuity, and business partnering solutions.

Providing optimal assurance, governance, risk focus, quality improvement and business partnering solutions.

 

The University of Wollongong's Internal Audit (UOWIA) Unit emphasises:

  • Utilising audits and other tools as a means of risk mitigation, performance evaluation and strengthening controls to achieve UOW goals; 
  • Complying with required legislation and professional standards; 
  • Preventing corruption and fraud; 
  • Working in partnership with key stakeholders to achieve common objectives.

 

UOWIA - Offering Independent Analysis to Unlock and Resolve

In UOWIA, Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps UOW accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

UOWIA has carried out assessments covering amongst many things, financial processes and systems; compliance, legal requirements and regulation; key business process improvements; and safeguarding of assets.

UOWIA team members  utilise methodologies and approaches that recognise UOW objectives, strategies and goals; aim for efficiency gains and performance enablers; are conscious of emerging key risks and effective management of changes; and incorporate drivers in due diligence, quality assurance and corporate governance requirements that meet IPPF standards of the Institute of Internal Auditors.

 

 

 

Acknowledgement

The UOWIA Team acknowledges and appreciates the contribution of various parties in the development of this website, including Management Cadets, trainees and ITS involved with this process.

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