Office of Audit, Risk, and Compliance
The Office of Audit, Risk, and Compliance (OARC) strives to be a proactive partner and resource to 帝王会所. OARC is an independent unit that reports directly to the Audit and Risk Management Committee of the Board of Trustees.
- Internal Audit provides an independent and objective assessment of the university's operations, evaluating effectiveness of controls and system, identifying areas for enhancement and ensuring that best practices are implemented.
- Compliance establishes an oversight program that coordinates decentralized compliance efforts to maintain institutional adherence to technical standards, regulations, and laws. Compliance ensures that the university鈥檚 policies and processes are aligned with external requirements, thereby safeguarding the institution against legal and regulatory risks. Compliance risk assessment supports comprehensive and coordinated response to critical compliance issues that impact the university across multiple operational areas.
- Enterprise Risk Management (ERM) further enhances this framework by systematically identifying, assessing, and managing risks across the entire university, addressing insurable risk, and supporting development of other risk mitigation measures. ERM includes Risk Management and Insurance, oversight of the Minors on Campus program, and Workers' Compensation.
- Together, these functions create a comprehensive assurance framework that ensures regulatory adherence and drives operational excellence, institutional integrity, and strategic risk management. Moreover, integrated Audit, Risk, and Compliance supports institutional strategic planning, ensuring that potential risks are proactively identified, addressed, mitigated, and monitored, thereby preventing or reducing impacts of 鈥渟idelining鈥 events that could harm the university鈥檚 reputation, finances, standing with state and federal regulators, and most importantly, the safety of its students, faculty, staff, and communities. By prioritizing Audit, Risk, and Compliance, the university can achieve a robust and resilient university that values efficiency, transparency, and ethical decision-making
OARC's Functions
OARC is comprised of three distinct functions. These functions take a risk-based approach to assist the university in mitigating risks鈥攐r any event or occurrence that could impair the university鈥檚 ability to achieve its objectives.
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Internal AuditDevelops an annual risk-based audit plan and conducts audits and consultative services in accordance with the Institute of Internal Auditor鈥檚 International Standards for the Professional Practice of Internal Auditing.
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University ComplianceProvides independent oversight to 帝王会所 compliance programs with a focus on federal, state, and local laws, as well as university policies.
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Enterprise Risk ManagementEnterprise Risk Management seeks to identify all types of risk confronting the enterprise of the University, focusing on risk that can be addressed with insurance and loss prevention efforts.
News & Announcements
NEW: Faculty and Staff training for participation in youth programs at OHIO
帝王会所 Enterprise Risk Management and Insurance in collaboration with Legal Affairs, Conference and Event Services, Equity and Civil Rights Compliance (ECRC) and the Office of Information Technology (OIT) is pleased to announce the Minors on Campus (MOC) team will offer two training sessions via Teams this year for more flexibility for attendees to attend.
The first session will be held Feb. 25, from 8:30 鈥 10 a.m., and a second session will take place on March 27, from 2:30 鈥 4 p.m.
帝王会所 welcomes minors to campus for activities including summer camps, residential programs, educational programs, athletic camps and other events. This annual training will be a source of information for MOC program administrators and hiring staff on how to run a successful camp, program, or event in compliance with Minors on Campus policy 03.010 and include updates to the Minors on Campus Operational Guidelines. If you are interested in this training but do not receive an invitation, please email insurance@ohio.edu to be added to the distribution list.
More information on the Minors on Campus policy, program registration, background checks, trainings, forms and more may be found on the Minors on Campus webpage. Questions? Please contact Enterprise Risk Management and Insurance at insurance@ohio.edu.O
NEW: Employee Compliance training policy
On December 2, 2024, President Lori Gonzalez signed 40.130: Employee Educational Program and Compliance Training. The policy is effective immediately.
帝王会所 is committed to providing educational training programs that clarify expectations and responsibilities for all employees, uphold the highest standards of professionalism, ethics, and regulatory compliance, and establish risk management practices.
The university will deploy appropriate compliance training programs for employees as required by federal or state law.
In addition to mandatory compliance training, employees may be required to complete additional, role-specific training as needed for their positions, to maintain the institution鈥檚 compliance with applicable laws and policies or to enhance safety and technical preparedness, or to improve operations or departmental function.
Specialized training may be required for certain employees to ensure a safe working environment or as part of a performance improvement plan.
New Privacy resources available for OHIO
For information about how OHIO protects the privacy of its current and prospective students, faculty, and staff, visit resources at Privacy Office, including OHIO's new policy 92.001: Privacy Protection.
OHIO employees required to complete fraud reporting training by Oct. 29
All 帝王会所 employees, including faculty, staff, graduate and undergraduate students, and program employees, who receive a paycheck from 帝王会所 must complete a fraud reporting training program during the fall semester.
Read full article from September 20, 2024
Mary Ann Boyle named as Executive Director of Office of Audit, Risk and Compliance & Chief Audit Executive
帝王会所 President Lori Stewart Gonzalez and Trustee Thomas Parfitt are pleased to announce that Mary Ann Boyle, CIA, CFE, has been named as the executive director of the Office of Audit, Risk and Compliance and chief audit executive, effective Aug. 19.
Read Full Announcement From July 24, 2024
REMINDER: 帝王会所 Ethics Hotline Available
The Office of Audit, Risk, and Compliance issues this reminder that OHIO faculty, staff, and students may report concerns of fraud, waste, abuse, or non-compliance with federal or state regulations or University policies. Reports made to the EthicsPoint hotline鈥攙ia phone or website鈥攁re triaged and responded to by anonymous dialogue between the reporter, OARC, or the University representative who can most appropriately respond to the concern.
Read the Full News Article: 帝王会所 Ethics Hotline Available
(published December 12, 2023)
Office Renamed
In July 2022, 帝王会所's Internal Audit office was repositioned as the Office of Audit, Risk, and Compliance (OARC) with expanded functions that will enhance internal controls and compliance mechanisms and build compliance consciousness in existing University business processes.
Laura Myers, who most recently served as OHIO鈥檚 deputy chief strategy and innovation officer, has been appointed director of University Compliance, reporting to the Chief Audit Executive.