How are audits selected?

University audits are selected through our Institutional Risk Management process which includes discussion with schools, departments and University management to identify and prioritize operational, financial and compliance risks to the University. A review of industry reports, discussion among peer groups and an understanding of emerging risks or trends informs audit planning and the identification of specific audit projects for the year are chosen based on these assessed risk factors. Additionally, groups or individuals can request audit assistance on a case by case basis. The final plan is evaluated to ensure adequate representation of schools, departments and affiliates. If you are interested in learning more please contact the RMAS office at 617-495-3642.