Documents and information given to Internal Auditors during a periodic review will be handled in the same prudent manner as by those employees normally accountable for them. It is understood that certain University items are confidential in nature and the Internal Auditors will make special arrangements when examining and reporting upon such items. The Internal Audit Office has no direct responsibility or any authority over any of the activities or operations that they review. Internal Audit is a managerial control that functions by measuring and evaluating the effectiveness of other controls. The performance of reviews by the Internal Audit Office does not relieve management of any assigned responsibilities.
Objectivity is an essential element of independence.
The independence of the Office may be compromised if Internal Auditors participated directly in the development, installation, preparation or reconstruction of accounting systems, data, or records, or by engaging in activities that would normally be reviewed by Internal Auditors. Thus, Internal Auditors will be used only in an advisory capacity. It is imperative that Internal Auditors maintain independence in appearance as well as in fact. Internal Auditors will formally disclose business and personal interests in companies doing business with the University, annually, in accordance with the State of Ohio Ethics Bill. The Internal Audit Office shall be free from control or undue influence in the selection and application of audit scope, techniques, procedures, and programs.