The Board of Trustees Audit, Enterprise Risk Management and Ethics Committee met Thursday in the Main Campus Student Center room 253 to discuss its audit and top risks which face the university currently.
Wayne Poole, the director of Internal Audit, talked about the internal audit plan, and how the university is currently on track to complete the audit plan. There is a 70% productivity rate currently for the audit, which is what the board was looking for, Poole said.
“We do have some changes to the audit, the proposed changes are mostly removals. One of them have been cancelled because we really already worked through on the organization restructuring of the Research Compliance Model,” Poole said.
The other cancelled project was an automated journal voucher, which is a new process that is being implemented at ECU, Poole said.
These two programs are being replaced by four new programs called the Endowment Performance Review, the Enterprise Car Rental Contract, Grants and Contracts and Campus Recreation and Wellness Club Sports Drivers, Poole said.
Poole then went on to say that the state did an audit of the university and ECU…
