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 School Board of Clay County |
C23 - 2015-2016 Clay County District School Board Operational Audit, 2015-2016 Clay County District School Board Financial Audit
Pursuant to 1010.30 F.S., school districts are required to have an annual financial, operational and single audit of the district school board. The Auditor General is required to conduct the annual audit at least once every three years. During the off years, the school districts are required to engage an independent auditing firm to conduct its annual audits. For the 15-16 school year, the district engaged both the Auditor General and the District's independent auditing firm to conduct the following audits.
The Auditor General's Office conducted the annual operational audit for the 15-16 school year.
The Independent Auditing Firm, Purvis Gray and Company, CPA's, conducted the annual financial and single audit for the 15-16 school year. Both reviews included follow-up on findings from the prior year 2014-2015 audit conducted by the Auditor General's office.
The report of the Auditor General reflects a total of eight findings of which five of the findings are repeat findings from the prior year report. Corrective actions are included in the report to address the findings.
The report of the Independent Audit of Purvis Gray reflects a total of three findings of which corrective actions are included in the report.
F.S.218.39 requires the Auditor General's office to conduct an operational and performance audit of the district' s financial and reporting records and records of information technology system once every 3 years. The objectives of the operational audit are to evaluate management's performance in establishing and maintaining internal controls, including controls designed to prevent and detect fraud, waste and abuse and examine internal controls in the categories of compliance, economic and efficient operations, reliability of records and reports, and the safeguarding of assets.
The past three, the district has had mulitple findings of which corrective actions have been taken. The chart provides a summary of the overall findings during the past three years. See attached document
Acceptance of the Auditor General's report, as presented. Acceptance of the Independent Audit report, prepared by Purvis Gray, as presented. The audit is a public document and will be made available on the District's website located at http://www.oneclay.net/financial-transparency.html
Ensure fiscal responsibility and equitable distribution of resources.
Acceptance of the Auditor General's audit report, as presented.
Acceptance of the Independent Audit report, prepared by Purvis Gray, as presented.
Dr. Susan Legutko, Assistant Superintendent for Business Affairs
None
03458AR16 Final Notes District School Board of Clay County-1 (2).pdf
03458AR16 Final SAS 114 District School Board of Clay County (1).pdf
2017-069 (1).pdf
Previous Outcomes.pdf