Creighton University’s Internal Audit Department was recently subject to an external quality assessment required by the International Standards for the Professional Practice of Internal Auditing (Standards). We are pleased to announce that Creighton’s internal audit group received a rating of generally conforms to The Institute of Internal Auditors, Inc. Standards, Code of Ethics, and the provisions of its internal audit charter. This result is consistent with previous assessments in May 2006, and December 2011.
“Generally conforms” is the top rating and means that the charter, policies and processes were judged to be in conformance with the Standards. Of particular note, customer satisfaction ratings via independent surveys were high and reported the following strengths: dedication to Creighton’s mission, treating others with respect, professionalism, risk management, objectivity, and a good understanding of the higher education environment. Senior Administration interviews indicated strong support and confidence in the internal audit activity and its director. T. Paul Tomoser, Internal Audit Director and Chief Audit Executive remarked, “We are pleased with the results and remain steadfast in our commitment to partner effectively with administration and management teams across campus to improve operations, strengthen internal controls, effectively manage risk, and enhance corporate governance.”