Major Responsibilities of the Chief Audit Officer:   1.      Establish an annual audit plan using an appropriate risk-based methodology that considers risks/control concerns identified by management and addresses information security in accordance with UNC Policy 1400.2.  (Submit the audit plan annually to the Chancellor and Audit Committee for review and approval.)2.      Implement the approved annual audit plan, including any special tasks or projects requested by management and the Audit Committee. 3.      Report periodically to the Audit Committee and the Chancellor on the internal audit activities and performance relative to its audit plan.4.      Keep the Chancellor and Audit Committee informed of emerging t