OUR PURPOSE

Our purpose is to strengthen the university's ability to create, protect, and sustain value by providing the Board of Regents and university management with independent, risk-based, and objective assurance, advice, insight, and foresight.

We carry out our mandate by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of governance, risk management, and control processes across the university system.

We strive to enhance CU's:

  • successful achievement of objectives;
  • governance, risk management, and control processes;
  • decision-making and oversight;
  • reputation and credibility with its stakeholders; and
  • ability to serve the public interest.

OUR VISION

Insight with Impact

We are trusted partners.

We deliver timely and relevant perspective on risks and opportunities.

We are committed to our core values, intellectual curiosity, and alignment with our stakeholders.

OUR PROFESSIONAL CODE OF ETHICS

In conducting our activities, Department personnel apply and uphold the following principles of The Institute of Internal Auditors (IIA) Code of Ethics.

Integrity
The integrity of internal auditors establishes trust and thus provides the basis for reliance on their judgment.

Objectivity
Internal auditors exhibit the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined. Internal auditors make balanced assessments of all relevant circumstances and are not unduly influenced by their own interests or others in forming judgments.

Confidentiality
Internal auditors respect the value and ownership of information they receive and do not disclose information without appropriate authority unless there is a legal or professional obligation to do so.

Competency
Internal auditors apply the knowledge, skills, and experience needed in the performance of internal audit services.

We also comply with other applicable professional standards required by our individual certifications. In performing IT audits, Department team members assigned to the engagement follow the ISACA Code of Professional Ethics. In performing investigations of potential fiscal misconduct, Department team members assigned to the engagement follow the Code of Professional Ethics promulgated by the Association of Certified Fraud Examiners (ACFE).