Created : March 02, 2014 at 06:21 PM
February 19, 2014
Status:
Receive McGladrey, LLP - Management Letter for the Year Ended June 30, 2013.
The School Board's external auditor, McGladrey LLP completed their Management Letter ("the report") for the year ended June 30, 2013. The Management Letter identifies certain matters involving the District's internal control structure and its operations related to bank reconciliations and SAP User Access and contains recommendations relative to those matters. In addition, management responded to three prior year observations/recommendations, which are included in the report.
This report is intended to be used as a resource for management and staff. The Audit Committee reviewed and approved this report for transmittal to the School Board during the Committee's January 23, 2014 meeting.
The source of funds to perform the Management Letter 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 McGladrey, LLP - Management Letter for the Year Ended June 30, 2013.
Summary
The School Board?s external auditor, McGladrey LLP completed their Management Letter ("the report") for the year ended June 30, 2013. The Management Letter identifies certain matters involving the District?s internal control structure and its operations related to bank reconciliations and SAP User Access and contains recommendations relative to those matters. In addition, management responded to three prior year observations/recommendations, which are included in the report.
This report is intended to be used as a resource for management and staff. The Audit Committee reviewed and approved this report for transmittal to the School Board during the Committee's January 23, 2014 meeting.
School Board Goals
| Goal 2: Continuous Improvement | ||
| Goal 3: Effective Communication |
Financial Impact
The source of funds to perform the Management Letter 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
Patrick Reilly 754 321-2400
Associated File Attachments
 |
Management Ltr. (Files) | |
|
|
ExecutedARF (Files) |