MIT Audit Division
Frequently Asked Questions (FAQ)
Contact us: audiv-www@mit.edu
What are our responsibilities?
The Audit Division is responsible for delivering audit services Institute-wide through a risk-based program of audit coverage, including compliance assessments and financial, operational, and information technology reviews and audits. In addition to staying abreast of new developments in broad Institute initiatives, we continuously assess risk types and levels across operational processes and in departments, labs, and centers. We manage the follow-up of findings presented to departmental and senior management to determine whether related improvements have been made in internal controls or the like, and if such improvements appear to be satisfactory and sustainable. These efforts, in coordination with those of the Institute's external auditors, provide assurance to management and the Auditing Committee that good business practices and policies are adhered to, adequate internal controls are maintained, and assets are properly safeguarded.
What can we do for you?
We provide value-added audit services and related client assistance in a professional manner Institute-wide. Our business solutions to audit challenges and findings aim to address noted issues in a sustainable and measurable fashion to provide accountability. Our efforts on various projects are carried out through strong collaboration to advance the needs of the project and those of the Audit Division. Special requests to our Division from Institute-wide management are incorporated in our audit plan and efforts as resources permit.
