University of Minnesota
University of Minnesota
http://www.umn.edu/
612-625-5000
Office of Internal Audits
For reporting misconduct:     UReport »
Home
West Bank Office Building

University of Minnesota

Office of Internal Audit

1300 S 2nd St, Suite 510
Minneapolis, MN 55454

612-625-1368 (phone)
612-625-1512 (fax)

Internal Audit Annual Plan Year 2017

FY2017 Audit Plan

Taking into consideration the risks identified externally as well as internally, and balancing all of the above with our available resources, the audit plan recommended for FY 2017 includes the following:

Audits Process/Unit Risk Area(s) Covered
High Risk Audits
Human Subjects (TBD) Process (1) Human Subject Research*, Research, AHC, Technology, Compliance
Sponsored Transactions (UG, subawards) Process (1) Federal Research Funding*, Financial Mgmt, Technology, Compliance, Higher Ed Operating Model* 
Accounts Receivable Services Process (1) Financial Management, Technology, Compliance, Higher Education Operating Model*
Sponsored Financial Reporting Process (1) Federal Research Funding*, Financial Mgmt, Technology, Compliance, Higher Ed Operating Model* 
ESUP Student Upgrade Process (1) Technology, Student Experience, Financial Management
Public Health Information Technology Unit IT Infrastructure*, Technology
Google Email & Applications System IT Infrastructure*, Technology, Student Experience
Moderate Risk Audits
Community University Health Care Center Unit Financial Management, Compliance, Technology, AHC, External funding
Export Controls Process (1) Compliance, Research
Radiology/Ctr. for Magnetic Resonance Res. Unit Federal Research Funding*, Financial Management, Compliance, AHC, Technology, Research
College of Liberal Arts Unit Financial Management, Research, Compliance, Technology, Student Experience
College of Food, Ag, & Nat. Resource Sciences Unit Financial Management, Research, Compliance, Technology, Student Experience, Federal Research Funding*
Math Unit Financial Management, Research, Compliance, Technology, Student Experience, Federal Research Funding*
College of Biological Sciences Unit Federal Research Funding*, Research, Financial Management, Compliance, Technology, Student Experience
UMD Housing Unit Campus Safety*, Financial Management, Student Experience, Technology
UMD Swenson College of Science/Engineering Unit Federal Research Funding*, Financial Management, Research, Technology
UMD Natural Resources Research Institute Unit Federal Research Funding*, Financial Management, Research, Technology, Compliance, Research
Epidemiology Unit Federal Research Funding*, Financial Management, Research, Technology, Compliance, Research
Admissions Process Student Experience, Financial Management, Technology, Student Demographics/Enrollment Strategies*
NCAA Compliance Sport Audit Unit Athletics*, Compliance, Student Experience, Student-Athlete Health and Safety
Athletics Advising (McNamara Academic Ctr) Unit Athletics*, Compliance, Student Experience
Student Judicial Process Student Experience, Compliance
Athletics Information Technology Unit Athletics*, Technology, Compliance
ADA Technology Accessibility Compliance Process Equity & Diversity, Technology, Student Experience, compliance
Auxiliary Services Information Technology Unit IT Infrastructure*, Technology
Destiny One (non-credit registration) System IT Infrastructure*, Technology, Student Experience, Financial Management
Other Audits
Review of Faculty Retention/Set-Up/Award Process (1) Attracting and Retaining Talent*, Financial Management
Vikings Closeout Audit Process Financial Management, Facilities*
OIT Network Upgrade (non report) System Technology, IT Infrastructure*
Identity Management Upgrade (non report) System Data Privacy/Security*, Technology, IT Infrastructure*
Athletic Expense Review (non report) Unit Financial Management, Athletics*

* This risk is included on the Institutional Risk Profile (Appendix A)
(1) Testing in individual units is planned during this process audit

 

audittype

 

The proposed audit plan is comprised of 11 process audits (35%), 16 unit-based audits (52%), and 4 system audits (13%). Seven (64%) of the process audits will involve unit-level audit testing. Five of the process audits are considered high risk.  The proposed audit plan also includes significant coverage of selected risks included on the Institutional Risk Profile.

The FY 2017 plan continues to provide well-balanced coverage across the University.  The following chart shows the distribution of audit coverage by University component for FY 2017, based on the number of hours allocated to each component.

 

UComponents

Back to top