About Internal Auditing

Mission Statement

To improve the accountability of the College System by providing independent and informative services to the board of trustees and the community college management.

Statement of Values

  • We demonstrate integrity and honesty in all facets of our work.
  • We are dedicated to providing high quality auditing and management consulting services.
  • We highly value the importance of our relationships with others, and we strive for relationships that are trusting, cooperative, supportive and open.

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

Internal Auditing Information

Internal Auditing Charter

PURPOSE
This charter identifies the function, authority and responsibility of the Internal Audit Department.

FUNCTION

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

All Internal Audit endeavors are to be conducted in compliance with System objectives and policies as well as the Code of Ethics and the Standards for the Professional Practice of Internal Auditing which are promulgated by the Institute of Internal Auditors, Inc.

AUTHORITY
Internal Audit reports administratively to the Chancellor.
Personnel of the department, in the performance of audits and with stringent accountabilities of safekeeping and confidentiality, will be granted unlimited accessibility to all System activities, records, property and employees.

Internal Audit is a staff function that has no direct authority over activities which its personnel review. The performance of these reviews does not relieve management of any assigned responsibilities.

RESPONSIBILITIES
Internal Audit is responsible for assessing the various functions and control systems in the System and for advising management concerning their condition. The fulfillment of this accountability includes:

  • To coordinate audit efforts with those of the System Auditor.
  • To perform all duties in accordance with the Standards for the Professional Practice of Internal Auditing, the Code of Ethics, the Statements on Internal Standards, and the Statement of Responsibilities of Internal Auditing, each as established by the Institute of Internal Auditors.
  • To meet regularly with the Board to review audits performed, audits in progress, and future audits.
  • To conduct independent, protective and constructive audits so as to review effectiveness of controls, financial records, and operations.
  • To analyze data obtained for evidence of deficiencies in controls, duplication of effort, or lack of compliance with College policies and procedures.
  • To prepare reports and make recommendations on findings to the Chancellor, COO/Deputy Chancellor, and/or the Board.
  • To provide audit education and Internal Control training.
  • To offer advisory services, Control Self-Assessment (CSA) services, and workshops.

Code of Ethics

Applicability

This Code of Ethics is applicable to all Members and CIAs. Membership in The Institute
and acceptance of the "Certified Internal Auditor" designation are voluntary actions. By
acceptance, Members and CIAs assume an obligation of self-discipline above and beyond
the requirements of laws and regulations. The standards of conduct set forth in this Code
of Ethics provide basic principles in the practice of internal auditing. Members and CIAs
should realize that their individual judgment is required in the application of these
principles. CIAs shall use the "Certified Internal Auditor" designation with discretion and
in a dignified manner, fully aware of what the designation denotes. The designation shall
also be used in a manner consistent with all statutory requirements. Members who are
judged by the Board of Directors of The Institute to be in violation of the standards of
conduct of the Code of Ethics shall be subject to forfeiture of their membership in The
Institute. CIAs who are similarly judged also shall be subject to forfeiture of the "Certified
Internal Auditor" designation.

Standards of Conduct:

* Members and CIAs shall exercise honesty, objectivity, and diligence in the performance of their duties and responsibilities.

* Members and CIAs shall exhibit loyalty in all matters pertaining to the affairs of their organization or to whomever they may be rendering a service. However, Members and CIAs shall not knowingly be a party to any illegal or improper activity.

* Members and CIAs shall not knowingly engage in acts or activities which are discreditable to the profession of internal auditing or to their organization.

* Members and CIAs shall refrain from entering into any activity which may be in conflict with the interest of their organization or which would prejudice their ability to carry out objectively their duties and responsibilities.

* Members and CIAs shall not accept anything of value from an employee, client, customer, supplier, or business associate of their organization which would impair or be presumed to impair their professional judgment.

* Members and CIAs shall undertake only those services which they can reasonably expect to complete with professional competence.

* Members and CIAs shall adopt suitable means to comply with the Standards for the Professional Practice of Internal Auditing.

Internal Audit Standards

The Standards for the Professional Practice of Internal Auditing published by the Institute of Internal Auditors, Inc., generally accepted governmental auditing standards, the certified Internal Auditor Code of Professional Ethics, and the Statement of Responsibilities of Internal Auditing of the Institute of Internal Auditors shall serve as guidelines for Houston Community College System internal audit activities as required by the Texas Internal Auditing Act.

* Standards for the the Professional Practice of Internal Auditing - issued by the Institute of Internal Auditors.

* Generally Accepted Governmental Auditing Standards - issued by the US General Accounting Office, Comptroller General.

* The Certified Internal Auditor Code of Professional Ethics - issued by the Institute of Internal Auditors.

* Statement of Responsibility of Internal Auditing - issued by the Institute of Internal Auditors.

Responsibilities

Internal Audit is responsible for assessing the various functions and control systems in the System and for advising management concerning their condition. The fulfillment of this accountability includes:

  • To coordinate audit efforts with those of the System Auditor.
  • To perform all duties in accordance with the Standards for the Professional Practice of Internal Auditing, the Code of Ethics, the Statements on Internal Standards, and the Statement of Responsibilities of Internal Auditing, each as established by the Institute of Internal Auditors.
  • To meet regularly with the Board to review audits performed, audits in progress, and future audits.
  • To conduct independent, protective and constructive audits so as to review effectiveness of controls, financial records, and operations.
  • To analyze data obtained for evidence of deficiencies in controls, duplication of effort, or lack of compliance with College policies and procedures.
  • To prepare reports and make recommendations on findings to the Chancellor, COO/Deputy Chancellor, and/or the Board.
  • To provide audit education and Internal Control training.
  • To offer advisory services, Control Self-Assessment (CSA) services, and workshops.