Financial and/or Operational Control
This is the most common type of audit performed by AMAS. The auditors will interview key personnel to obtain a basic understanding of the business functions performed at the unit being reviewed, evaluate the effectiveness of the internal control environment, examine a representative sample of transactions, documents, or other pertinent data and issue a written report. The audit reports are distributed to senior management, highlighting control weaknesses observed along with suggestions or recommendations for corrective action.
Information Technology (IT)
In these types of audits we evaluate the control objectives of security, privacy, data integrity and availability, and effectiveness of IT processes in conjunction with policies, industry best practices, and applicable laws and regulations, for the following areas:
– University-wide/Enterprise IT processes/systems
– Departmental/School & College
– Data Centers
During the course of the audit we interview staff, collect and evaluate documentation about the IT processes, procedures, and operations. We also review and measure how well controls operate and make recommendations to help sustain the highest quality and most effective IT sevice environment.
This type of audit is performed to express an opinion on the accuracy of the data contained in an organization’s published financial statements. This type of audit is normally performed by independent certified public accountants (CPAs). For information on Syracuse University’s external auditors, please visit their web site: KPMG
The University is subject to compliance with a multitude of laws, policies, rules, and regulations established by various governments, agencies, and other governing authorities. Governing authorities and agencies have specific rules and regulations which must be complied with, usually as a condition of receiving funding or retaining membership, and often require periodic audits to be performed. Compliance audits are also conducted to evaluate the effectiveness of the University’s efforts to maintain compliance with important statutory requirements, whether or not government funds are involved.
These audits are performed to investigate incidents of possible fraud, misappropriation of University assets, or situations of non-compliance. AMAS works closely with executive management, University entities such as the Comptroller’s Office, Department of Public Safety, and Human Resources, as well law enforcement agencies, and the criminal justice system, as necessary, to investigate the facts and resolve the issue.
The University Policy on Fraudulent Activities, Prohibition sets forth the responsibilities of members of the University community related to actual or suspected fraudulent activities against the University. The EthicsPoint Anonymous Complaint and Criminal Activity Reporting Hotline Page provides a medium for anonymous reporting of potential or actual fraudulent or criminal activity.