Skip to main content

Internal and External Audit Policy 210.05

Internal and External Audit Policy 210.05
Johnson County Community College
Series: 200 Administrative Services
Section: Accounting and Auditing

Applicability: This Policy applies to all Johnson County Community College (“JCCC” or the “College”) departments.

Purpose: The purpose of this Policy is to describe the internal audit function and external audit requirements for JCCC.

I. Internal Audit:

The Board of Trustees (the “Board”) has established an internal audit function to provide the Board management with independent, risk-based, and objective assurance and audit-related advice and insight. The internal audit function enhances the College’s successful achievement of its objectives, the College’s reputation and credibility with its stakeholders, and the College’s ability to serve the public interest. Internal Audit is an independent review and assessment activity with authority to audit all College operations, through the objective examination of evidence as to the adequacy and effectiveness of governance, risk management, and control processes of the College.

The College’s internal audit function will adhere to the mandatory elements of the Institute of Internal Auditors’ Professional Practices Framework, which are the Global Internal Audit Standards. Additionally, Audit and Advisory Services may obtain resources, tool, and guidance through the Association of College and University Auditors and the Committee of Sponsoring Organizations.

The Board authorizes the internal audit function to:

  • Have full and unrestricted access to all functions, data, records, information, physical property, and personnel as necessary to carry out internal audit responsibilities.
  • Allocate resources, set frequencies, select subjects, determine scopes of work, apply techniques, and issue communications to accomplish the function’s objectives.
  • Obtain assistance from the necessary personnel of the College and other specialized services from within or outside the College to complete internal audit services.

The Audit Charter for JCCC provides additional detail for how the department will operate and will be reviewed annually by the Audit Committee prior to approval by the Board.

II. External Audit:

The financial statements of the College shall be subject to an external audit each fiscal year by a firm of certified public accountants recommended by the President and approved by the Board. Such audit shall be submitted by the external auditors to the President and Audit Committee for review prior to acceptance by the Board.

Date of Adoption: 07/02/1990
Revised: 06/16/1994, 03/15/2007, 11/17/2011, 12/12/2013, 11/17/2017, 11/15/2018, 02/18/2021 (temporary committee suspension), 05/13/2021, 12/15/2022, 05/08/2025