1 / 14

August 2014

Th. OFFICE OF INTERNAL AUDITS Mike Vandervort , Director Jeff D. Treichel, Associate Director. New. Academic. Administrators. Workshop. August 2014. Internal Audit Committee (IAC) Members: Mr. William O’Hara, External Member, Chair Mr. William Powers, Jr., President

fallon-waller
Download Presentation

August 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Th

  2. OFFICE OF INTERNAL AUDITS Mike Vandervort, Director Jeff D. Treichel, Associate Director New Academic Administrators Workshop August 2014

  3. Internal Audit Committee (IAC) Members: Mr. William O’Hara, External Member, Chair Mr. William Powers, Jr., President Dr. Gregory Fenves, Executive Vice President and Provost Mr. Kevin Hegarty, Vice President and Chief Financial Officer Ms. Patricia Ohlendorf, Vice President for Legal Affairs Dr. Juan Sanchez, Vice President for Research Dr. Gage Paine, Vice President for Student Affairs Dr. Patricia Clubb, Vice President for University Operations Dr. Charles Roeckle, Deputy to the President Ms. Mary Knight, Associate Vice President Mr. Cam Beasley, University Information Security Officer Mr. Paul Liebman, Director and Chief Compliance Officer, University Compliance Services Mr. Tom Carter, External Member Ms. Lynn Utter, External Member Vacancy, External Member Mr. J. Michael Peppers, Chief Audit Executive, UT System Audit Office Mr. Michael Vandervort, Director, Office of Internal Audits

  4. Office of Internal Audits Staffing Mr. Mike Vandervort, Director Mr. Jeff D. Treichel, Associate Director Mr. Chris Taylor, Assistant Director Ms. Angela McCarter, Assistant Director Ms. Isabel Sweat, Auditor IV (part-time) Mr. Tod Maxwell, Sr. IT Auditor Mr. Brandon Morales, IT Auditor Ms. Amber Whelpley, IT Auditor Ms. Brenda Guerrero, Auditor III Ms. Ashley Foster, Auditor III Ms. Cameosha Jones, Auditor III Ms. Cynthia Martin-Hajmasy, Auditor III Ms. Miranda Pruett, Auditor II Ms. Stephanie Grayson, Auditor I Ms. Victoria Hernandez, Student Intern Mr. Ryan Kothlow, Student Intern

  5. Internal Audit Reporting Structure • Reports to the president and meets with him monthly • Meets quarterly with the Internal Audit Committee

  6. Top 5Audit Findings Inadequate segregation of duties Inadequate or untimely review of monthly financial reports Inappropriate access/lack of security Inadequate authorization of expenditures Time records not appropriately authorized

  7. Case Examples Fake Invoices, Fake Payment Vouchers – stole over $800,000 Use of ProCard for personal benefit – 2 cases totaling almost $200,000 Cash Losses – over $400,000 Scholarships, Eligibility Falsified – $28,000

  8. Office of Internal Audits http://www.utexas.edu/admin/audit/ Main Line: 471-7117

  9. Questions?

More Related