Internal Audit & Compliance Monitoring
The Internal Audit Charter defines Internal Audit's purpose, authority, and responsibility as approved by the agency's governing board.
The Texas Higher Education Coordinating Board along with its Stakeholders, are responsible for protecting the assets and resources of the agency, and its programs. To accomplish this, Stakeholders are encouraged to report factual information suggestive of dishonest or illegal activities involving the agency and its programs.
The Annual Internal Audit Plan and Annual Compliance Monitoring Plan are reports of scheduled audits by process or location that are developed each year based on a comprehensive risk assessment. These plans are approved annually by the agency's governing board.
The Texas Internal Auditing Act requires certain state agencies and higher education institutions to submit an internal audit annual report each year to the Governor, the Legislative Budget Board, the Sunset Advisory Commission, the State Auditor’s Office (SAO), and the entities’ governing boards and chief executives.
An Internal Audit report is a formal document where Internal Audit summarizes audit results and reports its findings and recommendations based on that work.
A Compliance Monitoring audit report is a formal document where Compliance Monitoring summarizes audit or desk review results and reports its findings and recommendations based on that work.
Inquiries should be directed to Mark.Poehl@thecb.state.tx.us.