Internal Audit Department
The Internal Audit Department provides independent, objective assurance and consulting services designed to add value and improve District operations. Internal Audit aims to help the District accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
What is an audit?
A formal objective examination of activities to determine if internal controls are effective in safeguarding assets and in accordance with Generally Accepted Accounting Principles, Regulations and Board Policies.
An audit assesses:
- Compliance with District policies and procedures
- Operational effectiveness and efficiency
- Assets are adequately safeguarded
Audits may be performed annually, periodically, or within designated timeframes prescribed by regulatory requirements, or other deadlines imposed by management.