University Regulations
This federal law requires institutions receiving federal funding to establish policies to prevent and address sexual harassment and discrimination.
What is Title IX?
The IIA's first official certification program was introduced in 1974 and remains the most recognized internal audit credential today.
What is the Certified Internal Auditor (CIA)?
A formal document that includes the internal audit function’s mandate, organizational position, reporting relationships, scope of work, types of services, and other specifications.
What is the Internal Audit Charter?
This is a chatbot that uses artificial intelligence (AI) to understand and generate human-like text. It was created by OpenAI, an AI research company, and released in November 2022.
What is ChatGPT?
This refers to the way college athletes can receive compensation by leveraging their "brand" through marketing and/or promotional endeavors.
What is Name, Image, and Likeness (NIL)?
This act mandates that universities protect student education records and privacy rights.
What is FERPA (Family Educational Rights and Privacy Act)?
In 2009, the IIA introduced this model to clarify roles and responsibilities in governance, risk, and control.
What is the Three Lines Model?
In supply chain and cybersecurity contexts, this risk management framework helps organizations assess, monitor, and mitigate risks associated with vendors, contractors, and external partners.
What is third-party risk management (TPRM)?
These are images, videos, or audio which are edited or generated using artificial intelligence tools, and which may depict real or non-existent people.
What is a deepfake?
In 2021, this governing body introduced a rule allowing football players to transfer once without having to sit out a season, significantly impacting recruiting and team rosters.
What is the NCAA one-time transfer rule?
The False Claims Act imposes liability on universities for knowingly submitting false claims for federal research funding. This is the required multiplier of damages for violations.
What is three times (treble damages)?
The first International Standards for the Professional Practice of Internal Auditing (Standards) were introduced in this year.
What is 1978?
These are designed to enhance the consistency and quality of internal audit services related to specific audit subjects and to support internal auditors performing engagements in those risk areas.
What are Topical Requirements?
The use and development of computer systems that are able to learn and adapt without following explicit instructions, by using algorithms and statistical models to analyze and draw inferences from patterns in data.
What is machine learning?
Universities must report this financial metric to the NCAA annually to ensure athletic department solvency.
What is the Athletics Revenue and Expense Report?
Universities receiving federal contracts must comply with this cybersecurity framework to protect Controlled Unclassified Information (CUI).
What is NIST SP 800-171?
He is widely considered the "father of modern internal auditing."
Who is Lawrence (Larry) Sawyer?
This specifies the authority, role, and responsibilities of the internal audit function and is documented in the internal audit charter. It empowers the internal audit function to provide the board and senior management with objective assurance, advice, insight, and foresight.
What is the Internal Audit Mandate?
This form of AI mimics human conversation and can be used in fraud risk detection.
What is Natural Language Processing (NLP)?
The NCAA’s highest division limits universities to this many full-ride football scholarships per team.
What is 85?
The Higher Education Act mandates that universities disclose this report annually, containing campus crime statistics and safety policies.
What is the public annual security report (ASR) commonly referred to as the Clery Report?
The IIA was founded in this year.
What is 1941?
These are the five domains of the Global Internal Audit Standards.
What is Purpose, Ethics and Professionalism, Governing, Managing, and Performing?
In 1950, this famous British mathematician and computer scientist published a paper that introduced a test to determine whether a machine exhibits intelligent behavior equivalent to that of a human.
Who is Alan Turing?
In 1984, this landmark U.S. Supreme Court case ruled that the NCAA could not restrict individual schools from negotiating their own television broadcast deals for football games, fundamentally changing the landscape of college sports revenue.
What is NCAA v. Board of Regents of the University of Oklahoma?