Michael L. Somich, CPA
Internal Audit Division Duke University
Mike is a Certified Public Accountant. He holds bachelor and master’s degrees in accounting from Syracuse University. He is responsible for all internal audit activities of the Duke University, Duke Management Company (DUMAC, LLC) and Duke Medicine, manages the Institutional Ethics and Compliance program, and facilitates the risk management process for Duke University. Prior to joining Duke University, Mike has more than 30 years of experience specializing in hospital and related health care audits, including over 20 as a partner with Deloitte & Touche. Mike was a member of the firm’s National Health Care Task Force.
At Duke, Mike also chairs the Conflict of Interest Advisory Committee and the Administrative Conflict of Interest Committee. He serves on the Executive Compliance Committee of DUHS, the Compliance Committee of the Duke University School of Medicine, the Executive Council of the Emergency Management Program, the Institutional Conflict of Interest Committee, and the Information Security Steering Committee.
A member of the Raleigh Chapter of the Institute of Internal Auditors Board of Directors, Mike serves on its Board of Directors and coordinates quarterly luncheon roundtables for Chief Audit Executives. He also serves on the Advisory Board of the North Carolina State University Enterprise Risk Management Program and the Duke Catholic Center. Mike has participated in several quality assurance review teams of peer institutions and is a frequent speaker at national meetings on the topics of compliance, risk management and internal audit department operations. Mike was the recipient of the Association of College and University Auditors (ACUA) Outstanding Professional Contributions Award in 2013.
Mike was the Syracuse University National Alumni President from 1995 to 2000 and served on the Board of Trustees and chaired its Audit Committee during that period.
Mr. Somich’s areas of expertise are:
- Auditing a Compliance Program
- Chief Audit Executive Roles and Responsibilities
- Creative Role of Internal Audit
- Ethics & Conflict of Interest
- Enterprise Risk Management
- Governance, Risk, and Internal Audit
- Health Care Auditing
- Quality Assurance Reviews
- Research Compliance
705 Broad Street
P.O. Box 90436
Durham, NC 27708