Internal Audit serves as a consultative function to help the university anticipate and manage risk proactively. Annually, Internal Audit in coordination with university leadership, assesses the control environment and critical issues in the industry to establish an internal audit plan focused on matters of strategic importance. Internal Audit also integrates an annual risk assessment activity in establishing the annual internal audit plan. Additionally, they manage completion of any management action plans that are established as a result of an internal review. The university outsources its Internal Audit function.