school audit report pdf

Text on screen: Kiwi Park Training Module Populating the Trial Balance Converter in Kiwi Park Model. The Most Frequently Occurring Findings Resolved by FSA d uring Fiscal . Thank you. So, leading on from that, youll want to ask for a list of, what work papers or information is required by the auditor at each different stage of the audit, and then youll want to collect that information in an audit file. You also need to make sure that your annual report is available to the public or to your school community on an internet site that is maintained by or on behalf of the board under Section 137 of the Education and Training Act, see thats where the two Acts are talking at the same time. PDF TORRANCE UNIFIED SCHOOL DISTRICT AUDIT REPORT For the Fiscal Year Ended Welcome and thank you for taking time to view a series of short instructional videos on how to optimise the use the Kiwi Park model in order to complete a set of your schools financial statements. Internal Audit Report Education Secondary Schools Issued to: Gayle Gorman, Director of Education and Children's Services Richard Ellis, Interim Director of Corporate Governance Euan. Hold down the Shift key, scroll over to the Notes and Disclosures worksheet and left mouse click on the Notes and Disclosures worksheet. In this video you will learn how to remap the school's existing links for the latest version of Kiwi Park. Cash . So, things like recent painting invoices, quotes, or even a painting contract are really useful in helping you determine, what is this cost for me in the future?One thing that happens with cyclical maintenance plan is that it often gets prepared and then it gets stuffed away in the bottom drawer of the filing cabinet never to see the light of day until when the property team came out and might be asking a few questions or youre looking to do your next capital work cycle. Check that you're on the same worksheet in each sheet of the trial balance converter. You will see we have entered minus $4,000 here. Financial Information for Schools Handbook (FISH), Quick reference guide: How to account for new and existing Ministry funding programmes, Last reviewed: 29 March 2023 Audit Report Fiscal Years 2019,2020 and 2021, 23-02 Western School of Science and Technology, Inc. And again, youll notice a common theme here, that ensuring those numbers do reconcile back to the numbers youre showing in your financial statements is a really important part of the process. PDF Sample of Audit Report Profit School ABC School for Students with (On screen the user highlights Column H, pause. TORRANCE UNIFIED SCHOOL DISTRICT For the Fiscal Year Ended June 30, 2017 Table of Contents (continued) OTHER INDEPENDENT AUDITORS' REPORTS Page Independent Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Some of the frauds that do happen are where fraudsters pretend to be one of your suppliers or pretend to be somebody in your organisation and ask you to make a payment or ask you to make a change to a bank account, so again if youre getting those sort of things the best thing to do is actually follow up with a phone call to that person to make sure theyre appropriate and dont bypass your controls, still follow your normal controls to make sure that these payments dont get made in error. And the Crown does not guarantee securities acquired or retained by school boards, so again this is where its difficult for Crown entities to really invest because youre dealing with public funds and theres a lot of extra scrutiny and a lot of extra care and caution needs to be taken around them.So again, in Section 2.9 there is more information on how to acquire securities or investments or if you happen to have them gifted to you. Cyclical maintenance provision is probably one of the more challenging areas we see amongst a number of our schools, and really theres some pretty easy things that a school can do to help make sure, one, you get this right, and two, you limit the number of unnecessary questions around this. Im also going to talk about sensitive expenditure which is a specific aspect that we look at in our audit of schools, and also Im going to talk about fraud. As one respondent said emphatically, "I would describe it (the And the board member really needs to exclude themselves from that part of the meeting. The first one is it needs to have a justifiable business purpose, and that should be consistent with the schools objectives so theres a clear business purpose for the expenditure, be made with integrity and impartiality, so it has to be free of conflicts or bias, and we expect people to behave in an acceptable way so its in keeping with accepted moral and ethical principles. The Kiwi Park cash flow model has a number of pre-set formulas to adjust for financial transactions that have not passed through the school's bank accounts. And as I said before, the Auditor-Generals the auditor of all schools and we have a devolved audit model, so we actually have contracts for school audits for three yearly contracts. In this video I'll be showing you how to import your trial balance, map the trial balance codes to the Ministry of Education codes and then complete the quality assurance necessary to ensure validity of the information. I'm going to show you how to quality assure each worksheet with a red coloured tab. successes, too, such as U.S. News & World Report's naming Jamestown High School as one of the top 30 schools in the state. Does the District have a process in place to ensure that payments are made for proper District purposes. The Districts tax certiorari reserve balance could fund approximately eight years of claims. (An Excel spreadsheet appears on screen - a user selects the Notes and Disclosures worksheet; pause the user moves the mouse to cell C1, unclicks Blanks and OK). Click here for the auditors's report.In its report, the Comptroller's office stated: Determine whether the Board properly managed reserves. Description of ADM and Compliance Audits- ADM and compliance audits review several factors that relate to the calculation of Average Daily Membership and funding of a school district or charter holder. Open the MOE web page that contains the Kiwi Park models and select the file you want to download. You will notice that there are some payroll information that we dont get through until March or April, so even if your audit has started and you think its largely complete in February, were really unable to complete that process properly until that information has been received. Go to cell B1 and click on the icon to the right of the cell unclick No and click on OK. (the computer screen shows a user moving through the red tab worksheets repeating the same steps selecting B1 and unclicking No). This pops up every now and again because often we have power company shares or Fonterra shares or Zespri shares because theres an element of the school that happens to run a kiwifruit orchard and wants to sell the kiwifruit off or has a dairy farm that it operates and so they sell the milk to Fonterra for example. If they havent and you dont agree with something in the letter, please contact them to discuss it. Please read the instructions at the first worksheet of the Kiwi Park Model How to use the Kiwi Park Model model. This method of populating the financial statements is time consuming and can cause errors if you are not sure how the schools GL codes are mapped to the Ministry codes. So, if you go on our website there is a Good Practice tab and also on this slide which will be shared there is links on the slides. There is a general policy available on the Ministry of Educations website, but we would expect schools to set their own limits of what they think is appropriate. To access the School Data Portal, go to services.education.govt.nz, click on the Education Sector Logon,choose Education Sector Logon,and finally select School Sector logon links. COMMUNICATIONS AUDIT REPORT Strengths, Opportunities for Improvement and Recommendations Prepared for Williamsburg-James City County Public Schools . The following is the most recent audit, which was issued inJune 2011. (Chad continues to present from power point presentation). Not so much that it looked like an accountant had sat there and written it. (An internet explorer webpage appears on screen: the user types services.education.govt.nz and hits enter on their keyboard, a new webpage appears: the user clicks on Education Sector Logon icon). (end of presentation) So that really brings us to the end of todays session. The user also checks the Excel screen for any error messages): Once all the general ledger codes are mapped, check in both worksheets if all the codes have been correctly mapped. PDF SAMPLE SCHOOL of SAMPLE CHURCH - School Choice Wisconsin Independent Auditor's Report: this report sets forth management's responsibility for the financial statements, the auditor's responsibilities and the auditor's opinion. So please be careful not to type anything or make any other changes. The net book value of the furniture and equipment at the time of disposal was $3,257. So where do we focus our efforts? Text on screen: Kiwi Park Training Module Quality checking the financial statements. for the Period . Electronic submission of the IMM-15 audit report is preferred. (The video is divided in 2 sections, on the left hand-side, the presenter is standing, facing the camera. This can take some time to set up initially, but it is a worthwhile exercise. The cash flow model needs some more refinement to improve the presentation of information around the buying, selling and disposal of assets. (On screen the user moves the cursor to Columns Q, R and S and scrolls down to S88). Audit Letter Report Fiscal Years 2018, 2019 and 2020, 22-3 Yuma Union High School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 22-2 Desert Star Academy ADM Audit Report Fiscal Years 2018, 2019 and 2020, 22-1 The Paideia Academies, Inc. ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-47Yuma Elementary District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-46Cottonwood-Oak Creek School District ADM Audit Report Fiscal Years 2018, 2019and 2020, 21-45 Cobre Valley Institute of Technology ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-44 Tombstone Unified School District ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-43 Gila Institute For Technology ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-42 Imagine Charter Elementary at Desert West, Inc. ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-41 Casa Grande Union High School District ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-40 Eastpointe High School, Inc. ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-39 Arizona Call-a-Teen Youth Resources, Inc. ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-38 Quartzsite Elementary School District ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-37 Science Technology Engineering and Math Arizona ADM Audit Letter Report Fiscal Years 2019 and 2020, 21-36 Park View School, Inc. ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-35 Coolidge Unified District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-34 Little Lamb Community School ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-33 Red Rock Elementary School District ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-32 Career Success Schools ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-31 Heritage Academy Laveen, Inc. ADM Audit Report 2018, 2019 and 2020, 21-30 GAR, LLC dba Student Choice High School ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-29 Tucson Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-28 Murphy Elementary School District ADM Audit Report Fiscal Years 2018, 2019, and 2020, 21-27 Dysart Unified School District ADM Audit Report Fiscal Years 2018, 2019, and 2020, 21-26 Vista College Preparatory, Inc. ADM Audit Letter Report Fiscal Years 2018, 2019 and 2020, 21-25 Catalina Foothills Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-24 AZ-Tec High School ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-23 New World Educational Center ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-22 Riverside Elementary District ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-21 Mountain Institute JTED ADM Audit Report Fiscal Years 2017, 2018 and2019, 21-20 Maryvale Preparatory Academy ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-19 Estrella Educational Foundation ADM Audit Report Fiscal Years 2018, 2019 and 2020, 21-18 Omega Alpha Academy ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-17 Kaizen Education Foundation dba Quest High School ADM Audit Letter Report Fiscal Years 2017, 2018 and 2019, 21-16 EduPreneurship, Inc. ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-15 The Griffin Foundation, Inc. ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-14 Fountain Hills Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-13 Peoria Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-12 Sedona-Oak Creek Join Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-11 Fountain Hills Charter School ADM Audit Report Fiscal Years 2017, 2018and 2019, 21-10 Casa Grande Elementary School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-9 Leman Academy of Excellence, Inc. ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-8 Alhambra Elementary School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-7 Archway Classical Academy Arete ADM Letter Report Fiscal Years 2017, 2018 and 2019, 21-6 Acclaim Charter School ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-5 Pima County JTED ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-4 Williams Unified School District ADM Audit Letter Report Fiscal Years 2017, 2018 and 2019, 21-3 Deer Valley Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-2 Arlington Elementary District ADM Audit Report Fiscal Years 2017, 2018 and 2019, 21-1 Gila Bend Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Pillar Charter School ADM Audit Report Fiscal Years 2017, 2018 and 2019, Arizona Education Solutions ADM Audit Report Fiscal Years 2017, 2018 and 2019, Tempe Preparatory Academy ADM Audit Report Fiscal Years 2017, 2018 and 2019, Southwest Technical Education District of Yuma ADM Audit Report Fiscal Years 2017, 2018 and 2019, Shonto Governing Board of Education, Inc. ADM Audit Report Fiscal Years 2017, 2018 and 2019, Sacaton Elementary District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Agua Fria Union High School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Crown King Elementary District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Mobile Elementary School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, BASIS Charter Schools, Inc. ADM Audit Report Fiscal Years 2017, 2018 and 2019, Academy of Mathematics and Science, Inc. ADM Audit Report Fiscal Years 2017, 2018 and 2019, Legacy Traditional School-Laveen Village ADM Audit Report Fiscal Years 2017, 2018 and 2019, Cartwright Elementary School District ADM Audit Report Fiscal Years 2017 and 2018, Cochise Technology District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Genesis Program, Inc. ADM Audit Report Fiscal Years 2017, 2018 and 2019, James Madison Preparatory School ADM Audit Report Fiscal Years 2017, 2018 and 2019, Phoenix Union High School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Crestview College Preparatory High School ADM Audit Report Fiscal Years 2017, 2018 and 2019, South Pointe High School ADM Audit Report Fiscal Years 2017, 2018 and 2019, Bright Beginnings School, Inc. ADM Audit Letter Report Fiscal Years 2017, 2018 and 2019, Lifelong Learning Research Institute, Inc. ADM Audit Report Fiscal Years 2016, 2017 and 2018, East Valley Institute of Technology ADM Audit Report Fiscal Years 2016, 2017 and 2018, Isaac Elementary School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Skyline Gila River Schools LLC ADM Audit Report Fiscal Years 2016, 2017 and 2018, Bicentennial Union High School District ADM Audit Letter Report Fiscal Years 2017, 2018 and 2019, Ombudsman Educational Services, Ltd. ADM Audit Report Fiscal Years 2016, 2017 and 2018, George Gervin Youth Center, Inc ADM Audit Report Fiscal Years 2017, 2018 and 2019, Superior Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019, Prescott Unified School District ADM Audit Report Fiscal Years 2016, 2017 and 2018, The Odyssey Preparatory Academy, Inc. ADM Audit Report Fiscal Years 2016, 2017 and 2018, The Farm at Mission Montessori Academy ADM Audit Letter Report Fiscal Years 2017, 2018 and 2019, Pinnacle Education-Kino, Inc. ADM Audit Report Fiscal Years 2016, 2017 and 2018, Accelerated Elementary and Secondary Schools ADM Audit Report Fiscal Years 2016, 2017 and 2018, Blue Ridge Unified School District No. The net book value of the assets disposed of at a surplus needs to be separately set off and cell S88. That might be count sheets that have been signed by the relevant counter or reviewer to really support that balance that youre holding at year end. So again, its important to have strong controls over those sort of equipment, make sure that you have a log of them, make sure that if they are lent to students that you log them out and log them back in again, and its just reminding staff about the controls and making sure they follow the controls and taking action when youre actually told of any theft. Select all the worksheets from Statement of Comprehensive Revenue and Expense to Notes and Disclosures by clicking on the Statement of Comprehensive Revenue and Expense tab, hold down the Shift key then left mouse click on the Notes and Disclosures tab. (On screen a bold blue rectangle is drawn around cells S 88, the rectangle then scrolls down to cell S97). You should all have had your audit proposal by now relating to those years if you havent please contact the office and we will chase that up for you. We have seen some instances of that. What I would encourage you to do, is if you have questions around any finance related matters in your school, please do not hesitate to contact any person on that list. So, what are some are the areas that we look at, and what are the types of support we ask for? 21-29 Tucson Unified School District ADM Audit Report Fiscal Years 2017, 2018 and 2019 Click on File, scroll down to Print, select your preferred printer and the quantity required and click on the Print icon. It talks about types of evidence you could provide to your auditor to help justify the provision because thats a key part for when your auditor is looking through it trying to understand your provision and why this appears materially correct or appropriate cause they want to know how youve come to the number youve come to. This resulted in a gain of $1,000 to the school. PDF Effectiveness of Charter School Programs in Increasing the Number of Save as into the working folder you are using for the school's latest financial statements. And that should include any judgements that youve made along the way. The school incurred costs in a related party transaction in excess of the cost of ownership plus a 2.5% return. Federal Student Aid . Please contact your regional finance advisor to provide your feedback or suggestions on other videos that may be helpful. (Text appears on screen: Open the schools audited model for last years and save to the working folder you are using to produce the latest financial statements.). Theres rationalisation, this is the argument of fraudsters built up for themselves to explain why its actually justified for them to actually do that. Every year we get asked, what are the key changes to the Kiwi Park Model financial statements? Its also a great step to make sure that the board has seen the cyclical maintenance calculation and has approved that as part of your year-end process. PDF Sample of Audit Report Non-Profit School ABC School for Students with The net book value of the vehicle at the time of disposal was $4,000 and we sold it for $5,000 cash, GST exclusive. As a progress tool, it is best to save iterations of the file as you go so you can go back a step or two, if you lose track of where you are in developing the Kiwi Park model for the school.
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