Internal Audit + Enterprise Risk Management
Internal Audit and Enterprise Risk Management (IA&ERM) executes audits, oversees the university’s enterprise risk management framework and conducts investigations into reports of fraud and irregularity. Through these activities we provide tools and insight to protect and enhance institutional value and improve decision-making in pursuit of institutional goals.
Please continue below to learn more about our four centres of expertise.
Centre of Expertise — Integrated Audit
- Provides independent, objective assurance and consulting services through the four types of audit: operational, financial, information systems, and compliance
- Reports to the Board Audit and Risk Committee and the Vice-President, University Services and Finance
- Provides consulting services to university units on request
- Guided by the Internal Audit Activity Charter
The Integrated Audit team exists to assist university governors and leaders with improving processes and achieving excellence in governance, controls and operations.
Centre of Expertise — Data Analytics
- Provides independent, objective assurance and consulting services in data analytics
- Works closely with all members of the internal audit and risk management team
The Data Analytics team exists to apply best practices in data analytics and information governance to assist university leaders with achieving excellence in managing risk and creating opportunity in the use of information technology.
Centre of Expertise — Enterprise Risk Management (ERM)
- Works with the university’s enterprise risk management steering committee and senior management to identify and analyze institutional risks and control processes
- Oversees and enhances the university’s Enterprise Risk Management Framework
- Reports to the Board Audit and Risk Committee and the Vice-President, University Services and Finance
- Guided by the university’s Enterprise Risk Management Policy and the ISO 31000:2018 international standard for risk management
The ERM team exists to assist university leaders and governors with managing uncertainty in pursuit of institutional objectives.
Centre of Expertise — Investigations
- Investigates reports of fraud and irregularity across the university
- Guided by the university’s Fraud and Irregularity Policy
The Investigations team exists to help control institutional losses and maintain internal and external trust in university services and operations.
To report a suspected fraud or irregularity, contact the University Auditor, Nokuthula Sithole, at nokuthula.sithole@ualberta.ca.