1.

SIGNIFICANCE OF GRANT TO THE UNIVERSITY

7

%

2.

SIGNIFICANCE TO THE COMMUNITY

4

3.

AUDIT FREQUENCY

8

4.

EXTERNAL AUDIT OR AGENCY

1

5.

PREVIOUS AUDIT RESULTS

9

6.

POLICY AND PROCEDURES MANUALS

7

7.

POLICY AND PROCEDURES CHANGES

4

8.

REPORTING

4

9.

DEADLINES

3

10.

PROJECTS (FEDERAL AND/OR STATE)

15

11.

SEGREGATION OF DUTIES

4

12.

PERSONNEL

6

13.

FRAUD POTENTIAL

4

14.

COMPLIANCE WITH REGULATIONS & STANDARDS

6

15.

CASH

3

16.

INVENTORY

3

17.

INFORMATION

3

18.

KEY CHANGES – PERSONNEL

3

19.

KEY CHANGES – SYSTEMS/FUNCTIONS

3

20.

KEY CHANGES – BUDGET

3

100

%