Smart auditing at Harvard University

Harvard University is the oldest institution of higher learning in the United States, and one of the most complex. In this profile, Deloris Pettis, former director of Risk Management and Audit Services (RMAS) and current Associate Vice President of Sponsored Programs Administration, describes RMAS as a risk management organization rather than purely an internal audit team. According to Pettis, the team looks at risk very broadly, and recognizes its role as an independent assessment function. RMAS also considers ways to support management through training, consulting and risk management tools, in addition to auditing.