Finance & Business: Office of Internal Audit

Office of Internal Audit


www.internalaudit.psu.edu

Daniel P. Heist
Director of the Office of Internal Audit
dph3@psu.edu


Administrative Office:
227 W. Beaver Avenue, Suite 404
814-865-9596 (ph)
814-865-6006 (fax)

Ethics and Compliance Hotline:
1-800-560-1637
The Penn State Office of Internal Audit is committed to performing value-added, risk-based audits, designed to independently review, test, and evaluate the financial, electronic, and operational controls throughout the University.

The office assesses business risks facing leaders at Penn State. It assures compliance with policies, procedures, regulations and safeguarding, laws, and the use of University assets. It also evaluates accuracy, reliability, and integrity of University records and reports. Suspected fraud, waste, and abuse is monitored.

Internal Audit’s vision, in alignment with The Pennsylvania State University’s goals and Strategic Plan, is to promote good stewardship of University assets and resources to uphold the highest level of integrity.

Under the direct sponsorship of the Board of Trustees, Internal Audit has full, free, and unrestricted access to all University activities, records, property, and personnel. Individually, and collectively, internal audit staff members are responsible to the Senior Vice President for Finance and Business/Treasurer for conducting themselves properly under broad authority at all times. The Board of Trustees has authorized the Internal Audit Director to have direct access to the President of the University and the Board of Trustees.

Budget Office Announced its Biggest Loser
Steve Neeper shed almost 22 lbs. over eight weeks to become the University Budget Office’s “Biggest Loser.”
Amaechi, QS/QP Awards Headline Annual Spring Retreat
This year’s F&B Spring Retreat featured a talk from keynote speaker John Amaechi, four new Quality Service, Quality People Awards , and thorough discussions regarding F&B’s key initiatives.
Penn State Continues Commitment to Green Construction
Penn State is building one of the greenest law schools in the country. Penn State Dickinson School of Law’s two locations will feature modern green building methods that will aim to conserve resources and promote environmental awareness.
F&B Improvements Noted in Latest Diversity Climate Survey Results
As part of its Diversity Key Initiative, Finance and Business is continually developing new ways to improve the diversity climate in its units and maintain each office’s progress. A major step in that improvement is the 2007 Diversity Climate Survey.
New Videoconferencing Program Saves Time and Money
Thanks to a videoconferencing program, meetings at Penn State don’t have to be a long drive or walk away anymore. You can sign on to Adobe Connect and experience your meetings without leaving the office.
Ask and Learn…There are No Dumb Questions
One way to get answers is to ask questions. The short film “No Dumb Questions” sits in on three sisters and listens to their probing questions about their Uncle Bill’s transformation into a woman.
Employee Ethics and Compliance Hotline
Address your concerns about workplace issues anonymously with the Ethics and Compliance Hotline. This service will assist you with problems including financial matters such as fraud, theft, conflict of interest, and other violations of University policy, including research compliance matters, discrimination, athletics-compliance issues, and more. The hotline is available 24 hours a day, seven days a week at 1-800-560-1637.
Finance & Business Senior Leadership Signs Commitment Statement on Diversity. (pdf)
F&B Newsletter
View current and past issues online.
Help F&B Save Money
Have you ever looked around at work and thought, "If I were the boss, I'd do things differently. We could save a lot of time and money if only we'd...." Well, the F&B Expenditures Team wants to hear your ideas for changes that will result in saved time, resources, or money. Send your suggestions to expenditures@psu.edu.
F&B Approves Statement on Acts of Intolerance
As part of its Key Initiative to Foster Diversity, Finance & Business has adopted a Statement on Acts of Intolerance, outlining behavior and actions that are deemed inappropriate and harmful in the workplace. To view the Statement, visit the following page: FBIntolerancePolic(final).htm.