September 18, 1997 - MnSCU Board of Trustees creates new internal auditing position; Deputy legislative auditor John Asmussen named to post

John Asmussen, deputy legislative auditor, Financial Audit Division, has been named executive director of internal auditing for the Minnesota State Colleges and Universities. Asmussen was recommended by Chancellor Morris Anderson and approved by the MnSCU Board of Trustees today. The appointment is effective Nov. 1.

The new position represents the establishment of the internal auditing function within the MnSCU system. The internal auditor, who is responsible for providing information regarding the efficiency, economy and effectiveness of operations and compliance with policies, statutes and regulations, will report jointly to the MnSCU chancellor and to the Board of Trustees and Board Audit Committee.

Asmussen has worked in the Financial Audit Division of the Minnesota Office of the Legislative Auditor since 1976. He has served as a field auditor, audit manager and since 1982 as deputy legislative auditor. As deputy legislative auditor, he has been responsible for directing financial audits and investigations of Minnesota state government agencies.

Asmussen is a member of the Minnesota Society of Certified Public Accountants, the American Institute of Certified Public Accountants, the National State Auditors Association, the Midwest Intergovernmental Audit Forum and the Association of Governmental Accountants.

He holds a bachelor's degree in accounting from Saint John's University, and has held an active CPA license with the Minnesota State Board of Accountancy since 1978.

MnSCU is the largest single provider of higher education in the state of Minnesota. The system serves approximately 145,000 students on 54 campuses and includes community colleges, technical colleges, comprehensive community and technical colleges and state universities.