The internal audit profession has evolved from a traditional focus on compliance and transaction review to providing both assurance and advisory services that support effective risk management, governance, and operations across the University.
University Audit provides independent and objective assurance and advisory services to University leadership and the Board of Visitors. By partnering with the University community, we help evaluate and mitigate risk, strengthen internal controls, enhance compliance, and identify opportunities to improve operations and achieve institutional objectives.
University Audit provides the following services:
Assurance (Audit) Engagements
University Audit conducts assurance engagements to provide independent and objective evaluations of the University's operations, systems, and controls. Engagements are selected through an annual risk-based planning process and approved by the Audit, Compliance, Human Resources, and Governance Committee of the Board of Visitors.
Audit engagements may focus on financial, operational, information technology, or compliance-related areas. Through a collaborative approach, University Audit evaluates risks, assesses the effectiveness of internal controls, and identifies opportunities to strengthen accountability, improve processes, support compliance, and enhance operational effectiveness.
Learn more about the Workplan Development Process
Advisory Services
University Audit provides advisory services that help management strengthen risk management practices, enhance internal controls, and improve operational effectiveness. These collaborative engagements are designed to support informed decision-making, address emerging risks and challenges, and advance the University's strategic objectives.
Advisory services may include risk assessments, process reviews, data analysis and validation, operational and compliance assessments, control design consultation, training, facilitation, and assistance with interpreting University or state policies and procedures. University Audit may also perform special projects and other consultative activities at management's request, subject to available resources and alignment with the annual audit plan.
All advisory services are performed in a manner that preserves the independence and objectivity of University Audit and are coordinated with the annual audit plan.
To discuss an advisory engagement or special project request, please contact LaToya D. Jordan at ljordan@odu.edu.
Investigations
University Audit is responsible for investigating complaints of fraud, waste, and abuse, including those received internally and through the Commonwealth鈥檚 Fraud, Waste, and Abuse Hotline.
Reports may be made directly to University Audit (757-683-6898) or through the Hotline (800-723-1615). Calls to the Hotline are anonymous and non-traceable. All matters are handled in a confidential and professional manner.
Independence and Objectivity
University Audit maintains independence and objectivity in all engagements. When non-audit or advisory services are provided, appropriate disclosures are made to ensure transparency and to avoid conflicts of interest or impairment to future audit work.