4 Carrigside, College Road, Cork
T: +353 (0)21 490 3300/420 5156
F: +353 (0)21 427 5006
The role of the Internal Audit Office is to support the achievement of the University’s strategic objectives by providing independent assurance to the University's Audit Committee and University management on the nature, efficiency and effectiveness of the system of internal controls operating within the University. This role is discharged by performing regular audits of University activities and appraising internal controls, risk management, governance and financial matters together with undertaking value for money audits.
If deemed appropriate by the Chief Officer of the University, the remit of the Office may be extended to providing a consultancy service in relation to the development of internal control systems and the provision of advice on risk management and related matters without compromising its role in providing independent assurance on such systems. The Head of Internal Audit is required to give an annual opinion to the Audit Committee on the adequacy and effectiveness of the entire system of internal controls within the University and the extent to which the Governing Body can place reliance on these internal controls. To provide this assurance, the Internal Audit Office undertakes a programme of work, informed by an annual plan, over a cycle approved by the Audit Committee.