What We Do
We work with administrative leadership on campus and at Lincoln Laboratory to evaluate their academic, research, and administrative processes and identify opportunities for improvement. To that end, we:
- Perform operational, information technology, financial, and compliance audits and advising.
- Evaluate processes to determine if they’re working effectively to control risk.
- Make recommendations to improve processes and encourage management to adopt these recommendations
- Offer insight — based on recognized standards, best practices, and our experience across the Institute — to assist MIT’s administrative leadership as they develop new or improved processes.
What We Don’t Do
We collaborate with central administrative units to understand and respond to the changing regulatory and risk environment that the Institute faces. But we don’t:
- Develop MIT’s policies — that’s the role of administrative leadership on campus and at Lincoln Laboratory.
Implement the recommendations we make — that’s also the role of administrative leadership on campus and at Lincoln Laboratory.
- Perform Institute-wide financial statement audits — that’s the role of external audit firm PricewaterhouseCoopers.
Define the Institute’s risk factors or put processes and controls in place — that’s the role of Risk Management and Compliance Services as well as administrative leadership on campus and at Lincoln Laboratory.
Report to federal agencies to assure effective oversight of public funds — that’s the role of the Defense Contract Audit Agency, Offices of the Inspector General, and other entities.
Learn more about MIT’s policies and procedures