What occurs during a School Internal Accounts audit?
Chapter 6.A-1.087 of the Florida Administrative Code for the Department of Education requires schools’ internal funds be audited. A normal audit proceeds as follows: • An audit engagement letter is sent to the school notifying them of the audit. • The auditor performs on-site (in school) work. • The auditor discusses issues with school bookkeeper/secretary. • The auditor conducts an exit conference with the principal, bookkeeper/secretary, and other school staff (as necessary) to discuss the findings and issues that he/she found during the audit. • The auditor prepares and sends an audit report in writing, detailing any actions they will take to rectify any findings contained in the audit report.
