Limited Scope Fiscal Audit at the Office of Finance
2016 Office of Finance
Limited Scope Fiscal Audit at the Office of Finance
The Controller’s Office conducted surprise cash counts at five of the Office of Finance (Finance) locations. The purpose of surprise cash counts is to ensure that collections and authorized petty cash/change funds are accounted for properly and adequate controls are in place over these funds. We also conducted a limited payroll review, which entailed an analysis of hours worked, overtime, bonuses, and mileage reimbursement for pay period 21, to ensure payments to sampled employees were properly supported.
Our audit was performed in accordance with Generally Accepted Government Auditing Standards. Those standards require that we plan and perform the audit to obtain sufficient, appropriate evidence to provide a reasonable basis for our findings and conclusions based on our audit objectives. We believe that the evidence obtained provides a reasonable basis for our findings and conclusions based on our audit objectives.