Activities that happen outside of the campus environment are often not part of the environment considered by institutional auditors. This is even truer when the activity occurs outside of the United States. Dealing with activities in foreign countries may be new to many auditors.

These activities can involve foreign travel by students and faculty, ownership of land or facilities in foreign countries, foreign taxes, shipping of intellectual property (IP) or materials to and from foreign countries, evacuation of students from foreign countries in case of health problems or government unrest. Dr. Podoll has many years of experience in these areas at a large, complex institution and will share what he has learned over these years.

After this presentation, a participant will be able to:

• Identify risk factors involved in global programs,
• Develop a list of audit questions which must be asked when assessing risk,
• Identify the key participants on campus for international risk assessment,
• Write/assess policies that are key to provide oversight for international programs,
• Recognize when host country labor and tax laws will apply to an overseas program,
• Understand the term “permanent establishment” and how easy it can happen, and
• Know where to look for help and resources.

Knowledge Level: Intermediate
Field of Study: Auditing
Prerequisites: Professional Experience
Advance Preparation: None