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May 6, 2021 - Regular School Board Meeting | ||
Title C10 - Clay County District School Board Operational, Financial and Single Audit for the 2019-2020 Fiscal Year | ||
Description Pursuant to 1010.30 F.S., school districts are required to have an annual financial, operational and single audit of the district school board. For 2019-2020, the annual operational, financial and single audit was conducted by Purvis Gray and Company, an independent certified public accounting firm. At the conclusion of the site review, there were no findings. The audit is a public document and will be made available on the District's website located under the transparency tab. The audit becomes part of the public record for the financial records of the School Board, which are maintained under the direction of the Superintendent, with the approval of the Board. | ||
Gap Analysis The objectives of the annual financial, operational and single audit are to evaluate management’s performance in establishing and maintaining internal controls, including controls designed to prevent and detect fraud, waste and abuse. The objectives also include the examination of internal controls in the categories of compliance, economic and efficient operations, reliability of records and reports, and the safeguarding of assets. | ||
Previous Outcomes None | ||
Expected Outcomes Acceptance of the Independent Audit Report, as presented. | ||
Strategic Plan Goal Ensure effective, equitable and efficient use of resources. | ||
Recommendation
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Contact Dr. Susan Legutko, Assistant Superintendent Business Affairs | ||
Financial Impact None | ||
Review Comments | ||
Attachments 2019-2020 Final Audit Report.pdf Final SAS114 Audit Report District School Board of Clay County.pdf |