Announcing Loyola’s New Internal Audit Firm

Loyola Community,

Financial Services has recently made a transition with the University’s internal audit function. Baker Tilly Virchow Krause, LLP (Baker Tilly) will replace our previous provider, WeiserMazars.

You may be contacted by Baker Tilly representatives as they begin to gather information from a variety of sources across the institution to serve as a foundation for planning internal audit activities.

Baker Tilly is a nationally recognized accounting and advisory firm, headquartered in Chicago, with extensive experience in providing internal audit and other risk consulting services to some of the nation’s premier higher education and research institutions. As the complexities of our institution continue to increase, we will benefit from access to a deep and broad range of capabilities and perspectives gained from Baker Tilly’s work with higher education entities, including numerous Jesuit institutions, Catholic institutions, and other public and private institutions across the country.

We anticipate that Baker Tilly will serve as a strategic partner in addressing a range of business, operational, compliance, and financial challenges and risks, providing assurance regarding our processes and systems, and identifying opportunities to increase efficiency and effectiveness.

As the Baker Tilly team transitions into their role in working with us, they will report administratively to me, senior vice president for finance and chief financial officer, and functionally to the Board of Trustees Audit Committee.

If you have any questions, the team can be reached at InternalAudit@luc.edu.

Sincerely,

Robert A. Munson, CPA
Senior Vice President for Finance & CFO

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