Audit Plan
Every year, Internal Audit performs an annual risk assessment to determine the annual audit plan. The primary goal of the annual risk assessment is to identify audit topics that will provide value and assurance on operating effectiveness of key operations at SOU. The annual risk assessment and audit plan are presented to the Board of Trustees for approval.
Internal Audit Plan
July 1, 2025 through June 30, 2026
| Audit # | Engagement Title | Timeframe* | Comments | |
| Annual Risk Assessment | FY27 Annual Risk Assessment | June 2026 | Required annually by IIA auditing Standards. | |
| Planned Audits | ||||
| 2026-1 | Human Resources Employment Eligibility (Form I-9) Compliance |
July 2025 – November 2025 | ||
| 2026-2 | Human Resources Background Checks/Fair Credit Reporting Act Compliance | November 2025 – April 2026 | ||
| 2026-3 | Assistance to General Counsel for fiscal year 2025 special project. | July 2025 – June 2026 | ||
| Other Services | ||||
| Special Reviews | Special reviews | Fiscal Year 2025 | Investigative reviews as requested by mgmt. | |
| Advisory Services | Audit Committee and Internal Audit Charter Standards Update | Fiscal Year 2025 | Consulting work as requested by mgmt. | |
* Dates may be adjusted as needed to avoid a negative impact on SOU projects, available staff and resources.