Annual Audit Plan
Internal audit, in collaboration with the SDState risk management coordinator, monitors and reviews the campus risk assessment results. The overall objective for internal audit is to prepare an audit plan using a risk-based approach to ensure that areas and activities with the greatest risk are identified for consideration to be reviewed, consistent with the Internal Audit Charter and SDState's Strategic Plan.
Risk is assessed based on four broad risk categories:
- Operational risks
- Financial risks
- Compliance risks
- Public perception/reputation risks
For additional information regarding the SDSU approach to risk management and assessment, please review the Risk Management page.
The goal of this internal audit plan is to provide the university community with an overview of the planned activities for the Office of Internal Audit during the fiscal year listed. The goal of each audit is to provide university management with an assessment of the efficiency and effectiveness of operations and the design and operating effectiveness of internal controls within each of these functions.
The Annual Audit Plan will list the internal audit activities that will be performed by the internal auditor during each fiscal year under the direction of SDSU's president, vice president for finance and administration and the vice president – general counsel.
FY 2026
| Department | Audit Topic |
|---|---|
| Athletics | Ticket office cash controls – follow-up audit from 2019 |
| To be determined | Partnership project – Project topic to be determined (incorporates the offices of Internal Audit, Continuous Improvement, Campus Risk Management and Environmental Health and Safety) |
| Finance | Gameday parking cash controls |
| Finance | Purchase card use |
| Academics | Foundation Seed and Crop Improvement Association |
| Entitywide | Board of Internal Control attestations (biannual reporting) |
| Other areas | Flexible projects – as determined* |
*Although the Office of Internal Audit’s intent is to complete the FY 2026 internal audit plan as outlined above, the Office of Internal Audit and university senior management reserve the right to make adjustments to this plan if unforeseen events occur, or changing risks are identified, during the fiscal year. Any significant changes to this plan will be reviewed and approved by the president and the vice president for finance and budget and acknowledged by the vice president – general counsel.
FY 2025
| Department | Audit Topic |
|---|---|
| Finance | Sponsor billing process review (spring FY 24) |
| Academic Affairs | School of Performing Arts ticket office (spring FY 24) |
| Finance | Hobo Dough review |
| Student Affairs | Scholarship process review |
| Student Affairs | Financial aid compliance – follow-up to July 2021 audit |
| Athletics | Athletic ticket office audit – follow-up to April 2019 audit |
| Grants | USDA Partnerships for Climate-Smart Commodities Initiative Grant |
| Other areas | Flexible projects – as determined* |
*Although the Office of Internal Audit’s intent is to complete the FY 2025 internal audit plan as outlined above, the Office of Internal Audit and university senior management reserve the right to make adjustments to this plan if unforeseen events occur, or changing risks are identified, during the fiscal year. Any significant changes to this plan will be reviewed and approved by the president and the vice president for finance and budget and acknowledged by the vice president – general counsel.
FY 2024
| Department | Audit Topic |
|---|---|
| Finance | Loan collections office |
| Finance | Accounts payable office |
| Finance | Third-party sponsored billing |
