Towson University's Management Advisory and Compliance Services Department bases its work upon the relative risk of an activity or process and its potential exposure to the university. This includes areas such as fraud, loss, errors, inefficiency, non-compliance with laws, regulations and ineffective operations. Our approach varies depending on the area of risk, but though we use different tools for different issues our efforts are always focused on reducing risk and improving the efficiency and effectiveness of campus operations.
Two examples of our services are:
- Compliance Reviews - Assistance in determining a department, unit or office's compliance with laws and regulations, and verifying that control procedures are performing as expected.
- Process Reviews - Comprehensive analyses and appraisals of all phases of academic or business activities in order to provide management-appropriate recommendations concerning the activities and processes reviewed.
We recognize the need to provide assistance to campus departments in solving problems and identifying opportunities to improve the efficiency and effectiveness of their operations. Our office is always available to discuss special project requests to meet the specific needs of management. We also provide a number of self-assessment questionaires to help university departments with internal control.
