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4. Auditproach <br />Constitutional Off icer Audits <br />Our approach to the Supervisor of Elections audit will follow the same overall gold <br />standard and principles of our standard approach to service delivery—communication, <br />planning, technology, and more. <br />Audit Approach & Testing Highlights <br />Planning <br />Internal control walkthroughs (cash disbursements, payroll, cash <br />receipts) and testing <br />Fraud inquiries and finalization of Testing Plan <br />Fieldwork <br />Testing of cash (bank statements and reconciliations) and other <br />significant balance sheet accounts/accruals <br />Revenue testing <br />o Confirmation of material revenues <br />� Added emphasis on internally -generated revenue <br />Payroll expense testing <br />0 Statutory salary analysis <br />o Salary analysis and analytics for employees <br />>- Nonpayroll expense testing <br />Travel expense analysis <br />Vendor analysis for unusual activity <br />>, Compliance testing <br />Identification of any grants for potential compliance testing <br />Completion and Reporting <br />Finalization of audit reports <br />Exit conterence with the Supervisor of Elections and Key stair to <br />discuss audit reports. This includes a detailed assessment of any comments and recommendations to ensure <br />you understand the "why" behind them. We also welcome the opportunity to brainstorm ideas with you as to <br />how to remediate any comments. <br />��///.XXXXXX/MXX������........11 . _ 11.11.. . <br />A PROPOSAL TO INDIAN RIVER COUNTY 33 <br />