In recent years there has been an increased scrutiny into the ability of an organization to manage, audit and assess risk. At a public institution of higher learning, risk can take many forms including financial, operational and regulatory. All of these can have an impact on the university鈥檚 financial stability and its reputation.
In 2013 several existing departments in the Finance and Administration Division were realigned to form the Compliance and Risk Management unit. The goal of this new unit is to establish a best practices approach to risk assessment and compliance, which includes federal regulatory requirements.
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