Internal auditing is an independent, objective assurance and consulting activity. Internal auditing brings a systematic, disciplined approach to evaluating and improving risk management, control, and governance processes.
The Internal Audit function adheres to The Institute of Internal Auditors' mandatory guidance:
Motlow State is committed to the responsible stewardship of resources. State law requires Motlow to provide a way for anyone to report suspected or known improper or dishonest acts.
Motlow encourages you to report known or suspected fraud, waste, or abuse by employees, outside contractors, or vendors.
You may report your concerns to:
No. The Tennessee Comptroller of the Treasury employs the state auditors. Every other year they arrive on campus and perform a required external financial and compliance audit of the College's financial statements. The Motlow State Internal Auditor is employed by the institution and has a dual reporting responsibility to the Motlow President and the Tennessee Board of Regents (TBR) Audit Committee and Board.
There are some audits required by state law and/or TBR policy which we must perform periodically. Risk-based audits are performed to assess whether risk management processes are managing risks effectively. Any shortages, thefts, or missing equipment may also require an internal audit review, as may reports of fraud. Special audits and advisory consulting services may also be requested by management. At the beginning of each fiscal year, an Audit Plan is prepared, which outlines the audits.
Several options are available to employees, students, and others for reporting known or suspected fraud, waste, or abuse.
You may report your concerns:
If you are a supervisor, department head, or campus official and receive a report of fraud, waste, or abuse, do not investigate but contact Internal Audit at 931-393-1754 for assistance.