June 19, 2007
Status:
Receive Internal Audit Report - Property and Inventory Audits of Selected Locations.
Property and Inventory Audits of Selected Locations were performed, as authorized by the Florida Statute 2740.02(2), School Board Policy 1002.1 and School Board Policy 3204.
The audits indicated that (13) locations in the report complied with prescribed policies and procedures. There were (14) locations that contained audit exceptions consisting of unaccounted for property and the failure to follow some prescribed rules.
The Audit Committee reviewed and approved this report for transmittal to the School Board during the Committee’s May 17, 2007 meeting.
The source of funds to perform the Internal Audit Report was the General Fund budget allocation for the Office of the Chief Auditor. There is no additional financial impact to the School District.
Requested Action
Receive Internal Audit Report - Property and Inventory Audits of Selected Locations.
Summary
Property and Inventory Audits of Selected Locations were performed, as authorized by the Florida Statute 2740.02(2), School Board Policy 1002.1 and School Board Policy 3204.
The audits indicated that (13) locations in the report complied with prescribed policies and procedures. There were (14) locations that contained audit exceptions consisting of unaccounted for property and the failure to follow some prescribed rules.
The Audit Committee reviewed and approved this report for transmittal to the School Board during the Committee’s May 17, 2007 meeting.
School Board Goals
| Goal 4 - All stakeholders will work together to build a better school system. | ||
| Goal 3 - All operations of the school system will demonstrate best practices while supporting student achievement. |
Financial Impact
The source of funds to perform the Internal Audit Report was the General Fund budget allocation for the Office of the Chief Auditor. There is no additional financial impact to the School District.
Source of Additional Information
Pat Reilly 754 321-8300
Associated File Attachments
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Prop&InvAudit (Files) | |
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ExecutedARF (Files) |