Transcript Internal Auditing Annual Report

Minnesota State Colleges and
Universities
AUDIT COMMITTEE
September 21, 2004
Internal Auditing
Annual Report
John Asmussen
September 21, 2004
External Auditors (OLA & CPAs)
Audit Findings: 1997 - 2004
Internal Auditing Hours: 1998-2004
20,000
18,000
16,000
Hours
14,000
12,000
Admin
Planning
Technical
10,000
8,000
6,000
4,000
2,000
0
1998
1999
2000
2001
Fiscal Year
2002
2003
2004
Internal Auditing Hours: FY 2004
Budget vs. Actual
Activity
Technical Services
Assurance Services
Inquiry/Investigations Support
Consulting Services
Professional Advice
Planning & Development
Percentage of Total Applied Hours
Percentage of Staff
Hours
Audit
Plan
Actual
61%
8%
12%
11%
8%
59%
22%
9%
7%
3%
100%
100%
Office of Internal Auditing
A CATALYST
FOR IMPROVEMENT
Website: www.internalauditing.mnscu.edu