The Carnegie Mellon Internal Audit (IA) department’s primary goals and responsibilities include helping the University accomplish its objectives, and improving operations, risk management, internal controls, and governance processes at the institution. This is generally accomplished by providing planned and requested audits and reviews, as well as assisting in the education of staff and faculty, as it relates to operations, business processes and controls.
IA engages in three primary activities – audits, advisory services, and investigations. Our focus is to proactively work with campus schools and colleges assisting management to address financial, operational, and compliance risks and areas of exposures. Rather than duplicate the financial and compliance auditing performed by the DCAA or the University’s external auditors, IA concentrates on school and departmental control systems and processes and performs deep dives of various functional areas. In this way, audit resources are maximized, creating synergies between the internal and external audit functions and reducing any duplication of efforts.