703 - Audit and Auditors

The relationships referred to in ¶702 have been affected by another major group of players whose views about the programmatic and administrative aspects of federal aid programs have created some further tension in the system: auditors. Most larger educational institutions have an internal audit or review staff whose role is to conduct reviews of administration and management to ensure compliance with institutional and external requirements. These personnel can be — and in some cases are — viewed as "internal watchdogs" but may be as unwelcome as other outside monitors and auditors. Since the mid-1970s, federal grant requirements have imposed a responsibility upon academic… Read More