By Nancy Hala, KnowledgeLeader contributing writer
Northwestern is a private institution that combines innovative teaching and pioneering research in a collaborative environment. In this profile, Betty McPhilimy, associate vice president for audit and advisory services, describes how the internal audit team measures its performance by complying with the standards set forth by The IIA, undergoing a quality assurance review every five years. McPhilimy says the team takes reviews seriously and conducts their own self-assessments in advance of them.