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| | Conference Sets a Bold Tone for School District Auditing (via CobWeb/3.1 planetlab2.tamu.edu) (Site not responding. Last check: 2007-11-07) |
 | | During the School District Auditing Conference on May 4 in Albany, nearly a dozen professionals scrutinized the relationship school boards and management traditionally have had with their auditors, talked about the importance of financial education, and identified key risk areas, all in an effort to produce better school audits and safeguard taxpayer money. |
 | | The plan calls for requiring training of school board members in their financial oversight responsibilities, establishing an internal audit function in school districts, creating audit committees, mandating competitive bids when schools engage outside auditors, and involving school boards more closely in the auditing process and in maintaining internal controls. |
 | | For this function to be successful, Rottkamp said, school district management will have to let the internal auditor do his job, allowing a direct line of communication between him and the treasurer and the audit committee, which will need to identify the most significant risk areas to focus on. |
| www.nysscpa.org.cob-web.org:8888 /trustedprof/605/tp1.htm (1083 words) |
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