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Appendix B: Audit Methodology and Standards We conducted this audit pursuant to Article V, Section 1 of the State Constitution and the State Comptroller’s authority as set forth in Article 3 of the New York State General Municipal Law. To achieve the audit objective and obtain valid audit evidence, our audit procedures included the following: ll We interviewed District officials and employees to gain an understanding of Department operations and the cash receipts process. We also reviewed Board meeting minutes, program brochures and vendor contracts. ll We focused our review on January 2019 because the continuing education winter 2019 semester was the last semester that was finalized at the time our audit commenced. ll We reviewed program fees totaling $92,000 collected in January 2019 by both Department personnel and third-party vendors. We reviewed cash and check payments totaling approximately $9,000 collected by District personnel. We compared these payments to daily collection reports, deposit slips and the District treasurer’s receipts. We reviewed electronic payments totaling $83,000 processed by third-party vendors. We compared amounts remitted by the vendors to electronic payments recorded in daily revenue reports and system generated monthly summary reports. ll We compared the accounts receivable aging report generated from third- party software on August 13, 2019, to invoices mailed out to before and after school program customers on August 15, 2019, to assess whether accounts with outstanding balances were invoiced accurately. We reviewed all accounts with balances that were not invoiced. We conducted this performance audit in accordance with GAGAS (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 objective. We believe that the evidence obtained provides a reasonable basis for our findings and conclusions based on our audit objective. Unless otherwise indicated in this report, samples for testing were selected based on professional judgment, as it was not the intent to project the results onto the entire population. Where applicable, information is presented concerning the value and/or size of the relevant population and the sample selected for examination. The Board has the responsibility to initiate corrective action. A written corrective action plan (CAP) that addresses the findings and recommendations in this report must be prepared and provided to our office within 90 days, pursuant to Section 35 of General Municipal Law, Section 2116-a(3)(c) of New York State Education Law and Section 170.12 of the Regulations of the Commissioner of Education. To the extent practicable, implementation of the CAP must begin by the end of the Of f ic e of t he New York State Comptroller 9