What is Internal Audit?
The official definition of internal auditing, from the Institute of Internal Auditors, states: "Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes."
In Round Rock ISD, the internal audit department provides the Board of Trustees and the Superintendent with independent analysis, appraisals, and recommendations concerning the adequacy and effectiveness of the District’s systems of internal control and the quality of performance of management in carrying out assigned responsibilities. Support from the administration and the Board of Trustees is essential for the audit staff to carry out this responsibility. For this reason, the internal audit department reports administratively to the Superintendent and functionally to the Board.