Text · page 13 of 15
Read the whole document on one page (all 15 pages, each with its own heading)
ll We obtained the Business Office’s detailed spreadsheet which indicated itemized information the Department had submitted for deposit for the spring 2017 semester and compared the amount in total ($13,769) to the total of the Department’s handwritten summary of total amounts of cash and checks that was forwarded to determine whether the amounts and form were the same. We selected the spring 2017 semester because the total revenues reported were less than other completed semesters in our audit period and noted it could be indicative of higher risk factors for all cash receipts not being properly accounted for. 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. 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 2116-1(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 fiscal year. For more information on preparing and filing your CAP, please refer to our brochure, Responding to an OSC Audit Report, which you received with the draft audit report. We encourage the Board to make the CAP available for public review in the District Clerk’s office. Of f ic e of t he New York State Comptroller 11