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HomeMy WebLinkAboutMINUTES - 05172005 - C34 TO: BOARD OF SUPERVISORS ���--=s_--__L-.,oma .. Contra FROM: Mary N. Piepho, , Supervisor District IIICosta DATE: May 17 - - ~ 2005 y - oU 34County SUBJECT: REFER A REVIEW OF FINANCIAL AUDITS TO FINANCE COMMITTEE SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: REFER a review of the County's policies regarding the performance of financial audits to the Finance Committee for report and recommendation to the Board of Supervisors. BACKGROUND: Various California state codes require or authorize the County Auditor-Controller to perform audits of the accounts and records of specific County departments, offices and operations. The objective of the County internal auditing function is to serve the public interest in the following ways: 1. Helping to insure that public funds and other assets entrusted to County officials are adequately protected against loss, waste, misuse and abuse. 2. Providing assurance that the records maintained to account for the way public resources are managed by the County are complete, accurate and timely. 3. Promoting adherence to laws, regulations, policies, plans and procedures applicable to County functions. On June 27, 2000, the Board of Supervisors reviewed the County's audit program and directed that each December, the County Administrator and Auditor-Controller report to the Internal Operations Committee on the proposed schedule of internal financial and management audits for the following year, including those studies requested by the Board of Supervisors. The Board of Supervisors approved the County Administrator's 20 5 audit program on January 18, 2005, and a report from the Auditor-Controller on the inancial audit activities in 2004 and the proposed schedule of financial audits in 2005, on bruary , 2005, upon the recommendation of the Internal Operations Committee. , CONTINUED ON ATTACHMENT:---/,S SIGNATURE: -------------- RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): y.r Action of Board on Approved as Recommended ,Xe VOTE OF SUPERVISOR I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN UNANIMOUS(ABSENT�/)/�� ) AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE AYES: NOES: SHOWN. ABSENT: ABSTAIN: ATTESTED 4-�4, CONTACT: Ryan Klobas(925)820-8683 JOHN SWEETEN,C OF THE BOARD OF Cc: Lisa Driscoll,CAO SUPE VI SAN CO N DMINISTRATOR BY ,DEPUTY