History

The internal audit function was established in 1964 as part of the duties of the Assistant Treasurer who reported to the Vice President for Business Affairs. Sam Whitaker served in these two capacities until 1970. Clifford Sterling followed Mr. Whitaker until 1975, when a full-time Internal Auditor position was established which reported directly to the President of the College. Paul Koehly was appointed to the new position in 1975 and in 1977 hired a full-time secretary and two part-time auditors. By 1982, his staff consisted of two full-time auditors and a part-time secretary. In April 1984, the reporting relationship was changed so that the Director reported to the Board of Visitors. In August 1984, Jacob Nelson was appointed Director and increased his staff to four auditors and one full-time fiscal technician. By this time, the Director was also responsible for auditing Richard Bland College. In May 1995, Mr. Nelson resigned and the Board appointed Mike Stump acting Director and subsequently Director in April 1996.

Background

Audit and advisory reports are addressed to the Chair of the Committee on Audit with copies to the appropriate college president, members of the Committee and others directly impacted by audit findings. All reports are reviewed and signed by the Director. The Director also provides summarized reports to the Committee on Audit. Any matter deemed significant by the Director, such as fraud, waste, or abuse of Commonwealth or private resources must be promptly communicated to the Committee on Audit, presidents, and when appropriate, the Auditor of Public Accounts (APA), William and Mary Police, and the State Police. The Director regularly consults with the presidents, provosts, deans, and vice presidents of colleges. The Office has unrestricted access to all activities, properties, personnel, and records of the colleges unless prevented by law. Should the Director leave employment for any reason, the Committee on Audit of the Board of Visitors will interview the departing Director.