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Audit office report: FGCU internal audit lists staffing, QA ratings and follow-up steps
Summary
The Audit and Compliance Committee accepted the Office of Internal Audit's 2024–2025 annual report, which cited a six-person audit team, recent hires, continuing education compliance, and highest ratings on internal and external quality assessments.
Trustees on the Florida Gulf Coast University Audit and Compliance Committee voted unanimously on Aug. 21, 2025, to accept the Office of Internal Audit Annual Report for fiscal year 2024–2025.
Director of Internal Audit Bill Foster told the committee the report, filed under Board of Governors Regulation 4.002, described the office's activities, staffing and professional development. Foster said the office maintained six auditors, with a combined 84 years of experience; 15 professional certifications across staff; and five employees holding master's degrees. He noted one auditor moved from part-time to full-time and a new hire joined with 18 years of experience.
"All audits were performed in accordance with the Institute of Internal Auditors' Global Internal Audit Standards," Foster said, adding that both the office's internal assessment and the required five-year external assessment received the highest possible rating. Foster also credited the office's continuing-education compliance: staff fulfilled the professional standard of 40 hours of training in the fiscal year.
The report highlighted follow-up actions from prior audits: the Office of Research and Sponsored Programs implemented an automated time-and-effort certification process in Workday in response to an ANEW (Advanced Nursing Education Workforce) grant audit, and the Global Engagement Office transitioned to international travel registry software after a foreign-influence audit to strengthen compliance.
Foster compared FGCU's internal audit staffing to peer institutions in the State University System, saying FGCU's staffing level was comparable to the University of North Florida and the University of West Florida, though larger universities such as USF and UF have larger teams. Trustees commended the Office of Internal Audit's performance and approved the report; Chair Joseph Fogg said the committee would forward the report to the full Board for final consideration on Sept. 9.
Next steps: continue audit follow-up items, incorporate new IIA topical standards into planning and report progress to the committee.
