About

Internal Audit & Advisory Services (IA&AS) is a client focused internal department that is here to assist employees at BU manage risk, improve efficiencies, and reach our strategic objectives. We do this by adhering to our guiding principles and mission and working through distinct service lines.

Traditional Vs. Progressive Approach

 

 

Audit and Advisory Services 

Audit & Advisory Services:

The core of our practice at the University, Audit & Advisory Services is a forward-thinking department that helps BU accomplish its objectives by bringing a systematic, disciplined and collaborative approach to evaluate and improve the effectiveness of risk management, internal controls, information technology controls, compliance requirements, and governance processes. Through our project work (either as audits, advisory projects or both) we aim to be a trusted advisor through business process improvement programs, special consulting engagements, major system implementation reviews, and adding to the learning and development of the University.

 

 

 

Construction Audit 

 

Construction Audit:

With a full-time Construction Audit Manager on the Audit & Advisory team, our work involves performing detailed reviews of the financial transactions charged to major construction projects to ensure compliance with contract terms. We also seek to review internal processes and provide guidance to the University’s construction Project Managers when needed.

 

 

 

IT Audit 

 

Information Technology (IT) Audit:

The foundation of much of the work we do today is based on technology. Our team of IT experts are here to assist members of the University community in using systems and data to make their work more efficient and accurate.

 

 

 

Data Analytics 

 

Data Analytics:

Our team of skilled data professionals are building the future of audit through continuous monitoring programs. These services will create efficiencies in all lines of services.

 

 

 

Enterprise Risk Management 

 

Enterprise Risk Management:

IA&AS co-facilitates the Enterprise Risk Management program at BU.