We anticipate the following activities and timeline to accomplish our internal audit plan for the 2013 – 2014 year, which may be amended from time to time (if need be) to address any emerging high-risk issues identified:
| Transaction Cycle/Area | Interviews and Walkthroughs | Control Testing Performed | Recommendations Proposed |
|---|---|---|---|
| Student Financial Aid (SFA) ■ Disbursement (SFA –D) ■ Return of Title IV funds (SFA – R) | X | X | October 2013 |
| Student Financial Aid (SFA) ■ Institution Eligibility and Participation (SFA – IE) | X | X | January 2014 |
| General Control Environment (GC) | X | X | January 2014 |
| Land and Other Grants (G) | X | X | April 2014 |
| Auxiliary Enterprises (AE) | X | X | June 2014 |
| Purchasing, Accounts Payable, and Disbursements (PA) | X | X | June 2014 |
| Travel & Entertainment (T&E) | X | X | June 2014 |
| Investments (I) | X | X | June 2014 |
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