External Auditor Relationship
The WVU Internal Audit Office is responsible for the coordination, control and support of all external audit activity at the University to:
- Ensure accurate and fair evaluations;
- Avoid duplicate audits;
- Discuss and reach an agreement with the external auditors regarding the amount of audit support that will be performed by the WVU Internal Audit staff;
- Determine the appropriateness of the external auditors’ objective;
- Ensure that operating units cooperate fully with the auditors; and
- Assist University administration in the understanding of the audit objectives and results.
The WVU Internal Audit Office will conduct or participate in an entrance interview with all external auditors to review the objectives and scope of the audit prior to start of audit field work. Upon completion of the audit work, the WVU Internal Audit Office will conduct or participate in an exit conference with the external auditors. At the exit conference, the WVU Internal Audit Office will discuss the audit findings and recommendations with the external auditors and verify that the external auditors have obtained sufficient and accurate information to warrant their findings. As with scheduled and special purpose internal audits, the WVU Internal Audit Office will follow up on subsequent action taken by client management in response to recommendations made by the external auditors.
