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MSCC Internal Audit
Tammy Wiseman
PO Box 8500
Lynchburg, TN
Phone (931) 393-1754
Fax (931) 393-1854
twiseman@mscc.edu

Internal Audit Frequently Asked Questions

Q: I'm familiar with the state auditors - is internal audit the same thing?

A: No. The state auditors are employed by the State of Tennessee. Every other year they arrive on campus and perform a required external audit of the College's financial statements. The Motlow State Community College Internal Auditor is employed by the institution and reports to the Motlow President and also to the TBR Audit Committee.

Q: How do you decide what to audit?

A: There are some audits required by state law and/or TBR policy which we must perform on a periodic basis. Any shortages, thefts or missing equipment may also require an internal audit review, as may reports of fraud. Special audits and advisory consulting services may also be requested by management. At the beginning of each fiscal year, an Audit Plan is prepared which outlines the number of working hours available and the anticipated hours required for each audit.

Q. What can I do to make things easier for me when my department is involved in an audit?

  • Know which policies apply to you and refer to them when making decisions.
  • Separate duties of your employees so that they cross-check each other.
  • Make sure all your records are accurate and reconcile your accounts timely.
  • Write a short note to explain transactions and decisions so that you don't have to rely on your memory when an auditor asks "why did you do this?"
  • Do your best to do the right thing and don't worry about trying to be perfect.

Q: How long does my office have to retain its files and records?

A: The Tennessee Board of Regents has issued a Guideline G-070 "Disposal of Records".

Q: What if I think someone's doing something wrong?

Contact Internal Audit at:

MSCC Internal Audit
Tammy Wiseman
PO Box 8500
Lynchburg, TN
Phone (931) 393-1754
Fax (931) 393-1854
twiseman@mscc.edu