Audit Plan for Fiscal Year 1999
60 Pages
English

Audit Plan for Fiscal Year 1999

-

Downloading requires you to have access to the YouScribe library
Learn all about the services we offer

Description

The University of Texas System Administration Audit Office Annual Audit Report Fiscal Year 2004TABLE OF CONTENTS I. INTERNAL AUDIT PLAN FOR FISCAL YEAR 2004 ..................................................................... 1 OVERSIGHT – PART 1 OF 2.......................................................................................................................... 2 SYSTEM ADMINISTRATION – PART 2 OF 2................................................................................................... 5 II. EXTERNAL QUALITY ASSURANCE REVIEW (PEER REVIEW)...................................................... 9 EXECUTIVE SUMMARY ............................................................................................................................... 9 III. LIST OF AUDITS COMPLETED SHOWING SCOPE, OBSERVATIONS/FINDINGS, RECOMMENDATIONS, AND STATUS..................................................................................... 10 IV. ORGANIZATIONAL CHART.................................................................................................... 48 V. REPORT ON OTHER INTERNAL AUDIT ACTIVITIES.................................................................. 49 VI. INTERNAL AUDIT PLAN FOR FISCAL YEAR 2005 ................................................................... 51 OVERSIGHT – PART 1 OF 2................................................................................................................... ...

Subjects

Informations

Published by
Reads 28
Language English
 
 
 
 
 
   
 
 The University of Texas System Administration Audit Office   Annual Audit Report  
 
Fiscal Year 2004
  .NII  PLAUDITAL ATERNAEY LACSIF ROF N..........0420R ...................................... 1VOREISHG................................RTPA– T 2.F  O 1................................................................................................ONTIRASTNIMIADM ETSYS 2.........................2 .. 2FORA T– P ................................................................ALQUY ITSUASNCRAER EWIVEP( R RE................5.I .IE TXREAN L................EX9 ....................)W..VEEI................................................USMMRA.YCETUVI E................................................................................WONI GCSPO,EO SBITS COMPLETED SH.IIISIL FO TDUA ............9 ..................UT.SS ATA DNNO,STIDAENMMCORE, GSNIDNIF/SNOITAVRE.................................................................................................................V 84...........RGANIZAT10 IV. ORA.T....OIAN LHC........................................................................I .IV 94L NAERNTPLT DIAUR PERO TNOO HTRE INTERNAL AUDIT ITCAITIV..SE....................ISREVO 15....................................2.. OF RT 1– PAGHT ........2 RA.500CAISYEL  FAN FOR................................................................DMINEM AATIOISTR........YSTS5. 2................................................................................IHXE TIBV 45 .II................................................................F 2. 2 OPARTN – ................................................ID TLPNA.S......................AIMREP E NISAB NND A0420AU5 00 2EHU :AT SRIINEV TEXY OFF THAS O................LAN..... AUDIT P RAE4002CSIFY LA....6 .5..............................................................IT PLAN.........LAY AE R0250A DU........6 .5SCFI................................................................................................................................................................................8 .5....
 
TABLE OF CONTENTS
            
I. 
 
 
 
Internal Audit Plan for Fiscal Year 2004
 
1
Fiscal Year 2004 Audit Plan Oversight – Part 1 of 2  FY 2004 Audit Plan -Oversight     Audit/Project Key Financial and Operating Audits Consulting  Implementation of the Spirit of Sarbanes-Oxley Special Requests   Carryforward  Subtotal   Institutional Compliance Audits  Endowments Consulting  System-wide Compliance Program Support Special Requests Carryforward  Subtotal   Information Technology Audits Internal Controls (Reserve for IT testing related to Sarbanes-Oxley)   UT Brownsville - Financial Aid System  UT Tyler - Student Information System Consulting  UT Pan American - ORACLE Implementation Project UT Health Center Tyler - Hospital Information System  Implementation Project  System-wide IT Security Initiative  Component Consulting Special Requests Carryforward  Subtotal   Core Business Processes
 
2004 Budgeted Hours  0  250 0  0 250    100  250 0 0 350    300 200 100  200 200 200 200 200 0 1,600   
2
FY 2004 Audit Plan -Oversight     Audit/Project Audits  Accountability & Performance Measures  UTPB Internal Audit Support  NCAA Audits Consulting Special Requests - Unknown Carryforward  UTSA NCAA FYE 8/31/02  Subtotal   Change in Management Audits Consulting Special Requests Carryforward  Subtotal   Follow-up Audits Consulting Special Requests Carryforward  Subtotal   Audit Projects Reporting  2005 System-wide Audit Plan  Audit, Compliance, and Management Review Committee ("ACMR")  Recommendation Tracking System (Red, Yellow, Green)  Internal Audit Council Consulting  Component Institutions Special Requests  Component Peer Reviews  Unknown Carryforward  2004 Audit Plan
 
2004 Budgeted Hours  300 1,000 600 0 800  20 2,720   600 0 0 0 600   0 0 0 0 0    200 300 400 200  500  100 500  80
3
  
     
  
FY 2004 Audit Plan -Oversight 
Subtotal  Total Hours
Audit/Project
 
  
2004 Budgeted Hours 2,280  7,800
4
System Administration – Part 2 of 2  FY 2004 Audit Plan -System Administration2004   Budgeted Audit/Project Hours    Key Financial and Operating Audits   Sarbanes-Oxley & Internal Controls Assessment  Service Dept. Operating Revenues 300   40Salary & related expenditures   120Professional Fees & Services Expenditures  Expenditure Testing 60 UTIMCO 200 Other Audits  Follow-up on Comptroller Audit - Appropriate use of Funds by 160 Source (State vs. Institutional) Assisting Outside Auditors   240Permanent University Fund, Long Term Fund, Short/Intermediate Term Fund, General Endowment Fund, Permanent Health Fund FYE 8/31/03 -  160University Lands Accounting (ULAO) and Permanent University Fund expenditure testing – FYE 8/31/03   200Audit of Bond Schedules included in the CAFR Consulting  Implementation of the Spirit of Sarbanes-Oxley 200    40Implementation of the Spirit of Sarbanes-Oxley - UTIMCO Special Requests0 Carryforward 0  Subtotal 1,720    Institutional Compliance  Audits   Endowments 100  Continuing Disclosure & Private Business Use of Tax-Exempt 40 Financed Facilities   300Construction Procurement, Federal Clean Water Act, Sexual Harassment and Sexual Misconduct, Security Sensitive Process, Conflict of Interest and Ethics Consulting    100System Administration Compliance Program  Inspections of account reconciliations and procards 160 Carryforward 0  Subtotal 700 Information Technology Audits    5
 
FY 2004 Audit Plan -System Administration2004  Budgeted Audit/Project Hours Internal Controls (Reserve for IT testing related to Sarbanes- 300 Oxley) Data Management Audit of UT Austin Hosted Systems 300 UTIMCO - General Controls Audit 400 EGI - Application Audit of UT Touch & Financial Information 300 Systems IT Vulnerability Assessment Action Plan Follow-up 200 Risk Management Claims System Implementation 100 Audit Follow-up 200 Consulting  OIR Peer Review 100  HIPAA Compliance Committee - IT Security Rule 50 Implementation OFPC - Integrated Information Platform Initiative 50 System Administration Departments 50 Special Requests150 Carryforward   IT Recommendation 2003 Follow-up 100  Subtotal 2,300    Core Business Processes   Audits   Oil and Gas Producers on Permanent University Fund Lands 500   500Management Audit of West Texas Operations  OFPC Management Audit 400  Contract Administration 200  Accountability & Performance Measures 40 Consulting   Process Redesign 100 EGI - Disease Management Programs 200  EGI - Premium Reconciliation 70    Special Requests300 Carryforward   Subtotal 2,310    Change in Management Change in Management Audits   480VC for Administration's New Areas   Department - Police    - Facility Management   - Human Resources  Airplane -   of Information Resources - Office   Technology - Information   - Account Services  SA Compliance - 
 
6
FY 2004 Audit Plan -System Administration2004   Budgeted Audit/Project Hours  the Chancellor (includes VC for Administration and Dr. 90Office of Malandra's areas) Consulting0  Special Requests0 Carryforward0  Subtotal 570    Follow-up  Audits    100Follow-up on System Administration Audit Recommendations (non-IT) Consulting 0 Special Requests0 Carryforward0  Subtotal 100    Audit Projects Reporting    2002005 Audit Plan   502004 Annual Audit Report  Internal Audit Committee 200  Recommendation Tracking System 160 Department Enhancements  Proficiency and Awareness 200 Consulting   System Administration Departments and/or Executive 80 Management Special Requests300 Carryforward    2004 Audit Plan 20  Subtotal 1,210       Total Hours 8,910
 
7
Deviations from the Audit Plan  Overall A majority of the fiscal year2004 Audit Plan Reportswas completed. were issued for five fiscal year 2004 audits in fiscal year 2005. Several audits in the2004 Audit Plan related to Sarbanes Oxley and the external financial audit were deferred until fiscal year 2005.  The primary reasons for the deviation from the plan were:  Delay of the external financial audit until fiscal year 2005.  Additional executive management requests.  reporting requirements occurred as a result of theIncreased and improving formation of the Audit, Compliance, and Management Review Committee of the Board of Regents (first meeting held in August 2003).    
    
 
 
 
 
 
 
8
 
II. eR reeP( )weivceanurssw ieev RetnrlaQ auilytA Ex   The University of Texas System Internal Auditing Department Quality Assurance Review – January 200 2
 Executive Summary The Review At the request of the Director of Audits a Quality Assurance Review of the University of Texas System Audit Office was conducted in accordance with professional standards and current practices within the Internal Audit Profession. The Review encompassed all activities of the System Audit Office identified, for the purposes of the Review, as: audit services to UT System Administration offices, support for UT Permian Basin and other components as needed, coordination of component internal audit operations and involvement in the institutional compliance program. A team of three external and one UT System audit directors performed the Review.  Overall Conclusion The University of Texas System Audit Office is in compliance with the Institute of Internal Auditors Professional Standards meeting all of theAttributeandPerformance standards. Audit personnel are experienced, competent and well supervised. Its customers are well satisfied with the services received, and the range of services provided is well aligned with management’s objectives and appropriate to the profession’s revised definition.  A characteristic of a sound professional organization is its interest in continuous improvement. Toward that end the Review Team has observed certain opportunities for the Director’s consideration which may further improve the UT Internal Audit program at both the System Administration level and System-wide.   ***** We appreciate the opportunity to assist the UT System Audit Office in this important effort, and hope that, as intended, it has been a mutually beneficial professional experience.         
 
9