| AMAS, in conjunction with
UCSD management, develops an annual audit program based on a risk assessment
and ranking methodology developed for use by all UC campuses, medical
centers and laboratories. The UCSD annual audit program is reviewed
and approved by the UCSD
CARE Committee
and the Chancellor prior to submission to the Chief Compliance and Audit
Officer and ultimately the Regents. The audit program encompasses
activities within the UCSD Health Sciences Enterprise, UCSD Marine Sciences,
and the UCSD general campus. Additionally, AMAS coordinates the
activities of all visiting external auditors; assists the University's
financial auditors, PricewaterhouseCoopers, in performing their examination
of the financial statements; and facilitates other reviews associated with
all aspects of the campus and it's programs.
The scope of the work of AMAS is to ascertain whether campus and health
sciences internal control processes, as designed and represented by
management, are adequate and functioning effectively. Auditors present
analysis, evaluations, and recommendations based on in-depth study of an
operation or function. In making an evaluation, auditors focus on:
- Reviewing and appraising the soundness,
adequacy and application of accounting, financial, and other operating
and administrative controls, as well as promoting effective control at
reasonable cost;
- Determining the adequacy of policies to achieve
the organizations objectives;
- Ascertaining the extent of compliance with
established policies, procedures, and guidelines;
- Determining the extent to which University
assets are accounted for and safeguarded from losses of all kinds;
- Ascertaining the reliability of management data
developed within the organization;
- Evaluating the efficiency and effectiveness of
resource utilization; and
- Consulting with management and reviewing
operations to evaluate whether results are consistent with objectives
and whether the operations are being carried out as planned.
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UCSD