1. Financial Rep Meeting February 17, 2014

2. OFFICE OF INSPECTOR GENERAL SERVICES SAM M. MCCALL 2

3. Services We Provide Internal Auditing ◦ Assurance Services ◦ Consulting Services Investigations ◦ Report by direct contact or ◦ Report through Ethics Point Whistle blower reviews ◦ As required by Florida Statutes 3

4. What is Internal Auditing? Independent, objective assurance and consulting activity Designed to add value and improve an organization’s operations. It helps an organization accomplish objectives by bringing a systematic, disciplined approach Evaluate and improve the effectiveness of risk management, control, and governance processes 4

5. The Five Elements of Internal Control That We Review Control environment Risk assessment Control activities Information & Communication Monitoring 5

6. Office of Inspector General Contacts smmccall@fsu.edu 644-0651 Sam M. McCall, PhD, CPA, CGAP, CIA, CGAP Chief Audit Officer www.igs.fsu.edu 644-6031 Office of Inspector General Services fsu.ethicspoint.com Ethics Point 6