The purpose of Internal Audit is to provide independent, objective assurance and consulting services designed to add value and improve the University of North Texas System operations. It assists the UNT System in accomplishing its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
Chief Audit Executive Tracy Grunig reports to the Audit Committee of the Board of Regents. The Audit Committee recommends for approval by the Board the hiring, removal and evaluation of the Chief Audit Executive, who shall report to the Board through the Committee. At least once per year, the Audit Committee of the Board of Regents will review the performance of the Chief Audit Executive and review the letter of employment outlining the details of employment.
Internal Audit Staff report directly to the Chief Audit Executive. Internal Audit activities and audit reports are communicated by the Chief Audit Executive to the Board of Regents and all other applicable reporting entities including the State of Texas. This reporting relationship promotes independence and provides adequate consideration of audit issues, recommendations, and management action plans.
The Chief Audit Executive coordinates audit efforts with the UNT System‚ public accountants and other external auditors, while also conducting independent reviews of specific issues, accounts, or incidents, where applicable.
The Association of Certified Fraud Examiners (ACFE)
The Association of College and University Auditors (ACUA)
The Association of Healthcare Internal Auditors (AHIA)
Information Systems Audit and Control Association (ISACA)
The Institute of Internal Auditors (IIA)
The Institute for Internal Controls (IIC)