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The Office of Audit, Risk, and Compliance is charged by both the Board of Visitors and University Policy

MISSION

The Office of Audit, Risk, and Compliance (OARC) performs independent internal audits, plans and oversees the university risk management process, and oversees the institutional compliance program. The OARC’s mission is to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight as follows:

1. Audit: Provide independent, objective assurance and advisory activity designed to add value and improve university operations. It helps the university accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

2. Risk Management: Provide oversight of the enterprise risk management (ERM) program by creating and maintain the framework to effectively identify, assess, and manage risk.

3. Compliance: Provide oversight of the institutional compliance program and the distributed processes that support compliance across the university.

 

What is Audit? Risk? Compliance?

We understand you may have questions and we have answers. Head on over to our FAQ page.

FAQ

Our Team

We are a team of audit professionals that work collaboratively to provide independent, objective assurance and consulting activity designed to add value and improve an organization's operations.

OUR TEAM

AUDIT CHARTER

BOARD CHARTER

Office of Audit, Risk, and Compliance | Virginia Tech

audit@vt.edu  |  (540) 231-5883 |  North End Center, Suite 3200, Virginia Tech  | MC 0328 |  Blacksburg, Virginia