Sample Audit letter
INTERNAL AUDIT REPORT
2011-09
KincaidOutdoorCenterCashControls
ParksandRecreationDepartment
July 12,20II
OF ANCHORAGE
MUNICIPALITY
Internal Audit Department
632 W 6th Avenue,Suite600
P . O .B ox 1 9 6 6 5 0
Anchorage,Alaska 99519-6650 http://www.muni.org/audit OFFICE OF THE INTERNAL AUDITOR
PeterRaiskums,CIA, CFE, CGFM
Director
Phone: (907) 343-4438
Fax: (907) 343-4370
E-Mail: raiskumspw@muni.org
OF AIVCHORAGE
M UNICIPALITY
Phone:907-343-4438
Fax:907-343-4370
Auditor
Officeof the Internal
632W. 6tnAve..Suite600
Mayor Dan Sullivan
July 12,20L1,
Honorable Mayor and Members of the Assembly:
I am pleasedto presentInternal Audit Report 2011-09,Kincaid Outdoor Center Cash Controls,
Parks and Recreation Department for your review. A brief summary of the report is presented below. In accordancewith the 201lAudit Plan, we have completedan audit of the Kincaid Outdoor Center
CashControls. The objective ofthis audit was to determineifthe Kincaid OutdoorCenterhadproper cashcontrols in place and ifthese controls were in compliancewith Municipal Policy andProcedure
24-1, Collecting,Securing,Depositing and Reporting Cash.Our audit included a surprisecashcount and a review of cashconfrols.h addition, we selecteda sampleof cashreceiptsandreviewedbackup documentationfor complianceand accuracy.Finally, we reviewedpermit andclassdocumentationto determine if the Kincaid Outdoor Center had properly accountedfor revenue.
Basedon our review, we determinedthat cashconfrol proceduresat the Kincaid OutdoorCenterwere generally satisfactory and revenue was properly accounted for. However, the safe key and combination were not properly securedand a $100 changefund was short SZZ.
There was one finding in connection with this audit. Managementwas responsiveto the finding and recommendation. (fuQ*r
PeterRaiskums,CIA, CFE
Director, Internal Audit
OF AITICHORAGE
M UNICIPALITY
Phone:907-343-4438
Fax: 907-343-4370
Auditor
Officeof the Internal
632w. 6'nAve.,Suite600
Mayor Dan Sullivan
2011-09
KincaidOutdoorCenterCashControls
ParksandRecreationDepartment
July 12,20II
OF ANCHORAGE
MUNICIPALITY
Internal Audit Department
632 W 6th Avenue,Suite600
P . O .B ox 1 9 6 6 5 0
Anchorage,Alaska 99519-6650 http://www.muni.org/audit OFFICE OF THE INTERNAL AUDITOR
PeterRaiskums,CIA, CFE, CGFM
Director
Phone: (907) 343-4438
Fax: (907) 343-4370
E-Mail: raiskumspw@muni.org
OF AIVCHORAGE
M UNICIPALITY
Phone:907-343-4438
Fax:907-343-4370
Auditor
Officeof the Internal
632W. 6tnAve..Suite600
Mayor Dan Sullivan
July 12,20L1,
Honorable Mayor and Members of the Assembly:
I am pleasedto presentInternal Audit Report 2011-09,Kincaid Outdoor Center Cash Controls,
Parks and Recreation Department for your review. A brief summary of the report is presented below. In accordancewith the 201lAudit Plan, we have completedan audit of the Kincaid Outdoor Center
CashControls. The objective ofthis audit was to determineifthe Kincaid OutdoorCenterhadproper cashcontrols in place and ifthese controls were in compliancewith Municipal Policy andProcedure
24-1, Collecting,Securing,Depositing and Reporting Cash.Our audit included a surprisecashcount and a review of cashconfrols.h addition, we selecteda sampleof cashreceiptsandreviewedbackup documentationfor complianceand accuracy.Finally, we reviewedpermit andclassdocumentationto determine if the Kincaid Outdoor Center had properly accountedfor revenue.
Basedon our review, we determinedthat cashconfrol proceduresat the Kincaid OutdoorCenterwere generally satisfactory and revenue was properly accounted for. However, the safe key and combination were not properly securedand a $100 changefund was short SZZ.
There was one finding in connection with this audit. Managementwas responsiveto the finding and recommendation. (fuQ*r
PeterRaiskums,CIA, CFE
Director, Internal Audit
OF AITICHORAGE
M UNICIPALITY
Phone:907-343-4438
Fax: 907-343-4370
Auditor
Officeof the Internal
632w. 6'nAve.,Suite600
Mayor Dan Sullivan