Internal Audit

Frequently Asked Questions

• What is the function of Internal Audit?

  Internal Audit conducts financial, operational and compliance reviews of various departments and processes throughout the University.

  Internal auditing is defined by the Institute of Internal Auditors as 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, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

   

• What should I do if I have suggestions for better ways for the University to do things?

  Let us know. Faculty and staff can use the Online Suggestion Box located in the Quick Links on their myBucknell Dashboard.

   

• What if I think actual abuse, fraud or waste is going on?

  All members of the Bucknell Community, including outside vendors, are encouraged to report any suspected fraudulent activities. Available resources include immediate supervisors, Human Resources, the Workplace Advisor Program, the director of internal audit, and EthicsPoint (a third-party service). Read more about Reporting Fraud, Waste or Abuse.

   

• To whom does the Office of Internal Audit report?

  The Office of Internal Audit reports functionally to the Audit & Risk Management Committee of the Bucknell Board of Trustees and administratively to the controller/treasurer.