The report of each performance performed pursuant to this Appendix shall contain: The objectives, scope, and methodology of the audit The results, including findings, conclusions, and recommendations, as appropriate A statement about the auditor’s compliance with Government Auditing Standards A summary of the views of responsible officials If applicable, the nature of any confidential or sensitive information omitted. Workpaper Auditor Reference Initials A. FINANCIAL AUDIT PROCEDURES 1. Determine whether the bond fund financial statements present fairly, in all material respects, the financial position of the fund for the year ended, and the results of its operations for the period then ended, in conformance with accounting principles generally accepted in the United States of America. 2. Test internal control over financial reporting and compliance with laws, regulations, or provisions of contracts or agreements. 3. If deficiencies in internal control, noncompliance with laws, regulations, or provisions of contracts or grant agreements; fraud; or abuse; are identified, describe them in a finding. B. PERFORMANCE AUDIT PROCEDURES 1. Select a representative sample of expenditures charged to the facilities project(s) and review supporting documentation to ensure that such funds were properly expended on specific projects listed in the text of the applicable ballot measure. 2. Verify that the funds were generally expended for the construction, renovation, furnishing, and equipping of school facilities constituting authorized bond projects. 3. Verify that the funds used to pay the salaries of district employees were allowable per Opinion 04-110 issued on
The report of each performance performed pursuant to this Appendix shall contain: The objectives, scope, and methodology of the audit The results, including findings, conclusions, and recommendations, as appropriate A statement about the auditor’s compliance with Government Auditing Standards A summary of the views of responsible officials If applicable, the nature of any confidential or sensitive information omitted. Workpaper Auditor Reference Initials A. FINANCIAL AUDIT PROCEDURES 1. Determine whether the bond fund financial statements present fairly, in all material respects, the financial position of the fund for the year ended, and the results of its operations for the period then ended, in conformance with accounting principles generally accepted in the United States of America. 2. Test internal control over financial reporting and compliance with laws, regulations, or provisions of contracts or agreements. 3. If deficiencies in internal control, noncompliance with laws, regulations, or provisions of contracts or grant agreements; fraud; or abuse; are identified, describe them in a finding. B. PERFORMANCE AUDIT PROCEDURES 1. Select a representative sample of expenditures charged to the facilities project(s) and review supporting documentation to ensure that such funds were properly expended on specific projects listed in the text of the applicable ballot measure. 2. Verify that the funds were generally expended for the construction, renovation, furnishing, and equipping of school facilities constituting authorized bond projects. 3. Verify that the funds used to pay the salaries of district employees were allowable per Opinion 04-110 issued on
2017-18-Audit-Guide-Supplement-posted-as-the-noticed-version-on-4-4-18.docx