What can the agency expect during the annual audit?

The Audit Services Team is responsible for performing on-site reviews of agency delegated audit authority, business procurement card and fixed asset inventory functions. Audits of agency delegated audit authority and business procurement card functions will be conducted on an annual basis. Audits of agency fixed asset inventory items will be conducted on a three-year cycle. 

• The Audit Procedures document formalizes audit procedures and emphasizes communications and the reporting of audit findings. Individual sections of the document address audit planning and agency notification, audit opening conference and audit fieldwork procedures (including documentation of audit findings), audit closing conference and preparation of a letter of audit findings. (This document is not yet available.)

The following documents are provided in .pdf format as samples of documents used by Office of Accounts and Reports personnel when conducting an annual audit.  In order to view or print these documents, you will need to download and install the free Adobe Acrobat Reader.

• Audit procedures are summarized in the Audit Checklist (.pdf) (updated 12/02)
• The Audit Findings Rating Criteria Sheet (.pdf) provides a basis for consistently rating the significance of specific audit findings.
• Audit findings will be documented on the Audit Findings Worksheet  (.pdf) (updated 12/02)
• Agencies will be responsible for completing Verification of Inventory Sample Item on Observed (.pdf) worksheets, if inventory items selected for audit are not physically verified by the auditor during audit fieldwork.