We focus on reducing risk and improving the efficiency and effectiveness of campus operations.
Our work is based upon the relative risk of an activity or process and its potential exposure to the university. We look at areas such as fraud, loss, errors, inefficiency, non-compliance with laws and regulations, and ineffective operations.
We assist in determining a department, unit or office's compliance with laws and regulations. We help verify that control procedures are performed as expected.
We provide comprehensive analysis and appraisals of all phases of academic or business activities in order to provide management-appropriate recommendations concerning the activities and processes reviewed.
We serve as liaisons to external auditors working on campus.
The Office of Legislative Audits completed their fiscal compliance audit of Towson University for the period beginning July 1, 2015 and ending June 24, 2019. Most records should be retained for four (4) years or until audited, whichever is longer.**
** Other federal or state regulations may dictate longer retention periods.