Compliance, Risk & Internal Controls

Course Description:

This course provides a foundational understanding of business compliance, audit practices, and legal considerations that support responsible financial and operational management at Virginia Tech. Participants will explore the university's compliance framework, internal controls, and departmental responsibilities for maintaining accountability and reducing institutional risk. The course examines the audit process, including audit types, planning, execution, and resolution, while emphasizing the importance of audit readiness and continuous improvement. Participants will also explore emerging legal and regulatory issues affecting higher education, analyze potential risks to university operations, and identify strategies for mitigating compliance and legal challenges. Upon completion, learners will have the knowledge needed to strengthen compliance practices, support effective risk management, and contribute to a culture of integrity, accountability, and sound business operations across the university. 

Certificate Credits Available:

Each module is self-paced, takes between 30 minutes to one hour to complete, and concludes with a quiz. Participants must achieve a score of 80% or higher on each quiz to successfully complete a module. This course consists of two modules, each worth one certificate credit toward the Fiscal Training and Development Program. Participants who complete all modules will earn a total of two credits.