The Internal Audit office provides independent audit and advisory services to the college community by assessing risks, analyzing procedures and related controls, and ensuring that practices are effective and in compliance with college and regulatory policies. The office conducts operational, financial, and compliance reviews. When auditing departments or functions the primary objectives are to ensure that:
Assets and records are protected
Information is accurate and reliable
Resource use is efficient and effective
College is in compliance with laws and regulations, and
Goals and objectives are met.
In addition, the Internal Audit office serves to facilitate the external audit of the college’s financial statements and federal funds. The office is also responsible for verifying the validity of reported occurrences of fraud, embezzlement, theft, waste, etc. along with administering the MCC Ethics Hotline.