YPSILANTI — Eastern Michigan University’s internal audit program has received a $40,000 grant from the Internal Auditing Academic Advancement Fund, Inc. (IAAAF).

"Through the long term support of the Detroit Chapter of the Institute of Internal Auditors and now through this exciting and substantial grant from the IAAAF, EMU will be able to continue to strengthen our academic programs, to promote the great profession of internal auditing to more students beyond EMU, and to enhance our connections to the business community," said Bob Okopny, professor of accounting at EMU.

The Detroit Chapter of the Institute of Internal Auditors contributed $25,000 to fund, of which $20,000 was designated to EMU.

"Our chapter feels that the EMU program is critical to our chapter. We wanted the money that we are investing to come back into our community," said Mark Weintraub, president of the Detroit Chapter of the Institute of Internal Auditors (IIA).

The grant will be used for developing new courses; development of a resource library; educational events, advisory board activities; hiring of an internal audit graduate assistant; and the development of marketing materials for EMU’s Internal Audit Educational Partnership program, which is housed in the Department of Accounting and Finance.

The internal audit program at EMU began in 1991 as the result of a grant sponsored by the Detroit Chapter of the IIA.

The IIA, which began in 1941, is an international professional organization which provides ethical standards’ guidance, professional development, research and its dissemination, worldwide opportunities for sharing information, promotion of internal audit education and certification. The Detroit Chapter of the IIA is the second oldest chapter in the world and began in 1942.

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