The Office of Internal Audit of the reports directly to an Audit and Finance Committee.
The Audit Committee was created as a result of changes to Board Policy 213 on February, 2010. In May 2014, Board Policy 213 was amended by the Board to create the Audit and Finance Committee to aid and assist the University, the Board, the Office of Internal Audit, and the Division of Finance and Administration.
The Audit and Finance Committee members are appointed as follows:
The Board of Trustees shall elect one current board member to serve a one-year term on the Audit and Finance Committee.
One member of the Audit and Finance Committee shall serve a two-year term and shall be that person appointed by the Governor of the State of Arkansas to a full seven-year term on the Board of Trustees beginning January of each calendar year.
The third member shall be the continuing member from the previous two year appointment.
Internal Audit also reports to no office, department, or employee of UCA.