Elizabeth Folsom

Population Services International | Chief Audit Executive

Elizabeth J Folsom, MBA, CPA, CIA, CFE Elizabeth (Liz) Folsom is currently Chief Audit Executive and Director of Global Internal Audit and Investigations for PSI (Population Services International), an international non-profit health and social marketing organization. She is directly responsible for 14 internal auditors and investigators, and indirectly for 50+ local country office internal auditors, and oversees all audits and investigations in 50+ countries and over 250 donor-funded projects around the world. She is also an Adjunct Professor at the Smith School of Business at the University of Maryland where she teaches graduate-level classes in Internal Auditing and Fraud Investigations and Enterprise Risk Management. Prior to PSI, from 2011-2014, Liz worked as an Audit, Risk and Compliance Consultant for a variety of government, non-profit, and publicly traded organizations. Prior to her consulting career, Liz was the Senior Vice President and Director of Internal Audit for AED, where she established and built the organization’s first internal auditing and fraud investigation function. Before joining AED, Liz was Auditor General for the Inter-American Development Bank, auditing grant and contract financing of public and private development projects throughout Latin America and the Caribbean. She also spent eleven years with CARE, the international relief and development organization, the last five as Director of Internal Audit. Liz started her career with Coopers & Lybrand in Stamford, CT. Liz holds a Master of Business Administration degree from Georgia State University and a Bachelor of Science degree in Accounting & Management from Lehigh University. She hold a New York State CPA license and is also a Certified Internal Auditor and Certified Fraud Examiner. She lives in Annapolis, MD with her husband and two sons. one dog, and four cats.


The Uniform Guidance provides requirements over direct procurements under federal awards. Now in effect, we will discuss how organizations are adapting, best practices for implementation and More