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2010-01-AU Limited Scope Performance Audit of Department of Water Supply's Internal Controls for Cash Handling and Financial IT Systems
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2010-01-AU Limited Scope Performance Audit of Department of Water Supply's Internal Controls for Cash Handling and Financial IT Systems
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Table of Contents <br />CHAPTER 1: AUDIT PLAN <br />Background................................................ ............................... 1 <br />AuditScope ................................................ ............................... 1 <br />AuditObjectives ......................................... ............................... 2 <br />AuditMethodology ...................................... ............................... 3 <br />Government Auditing Criteria ..................... ............................... 4 <br />CHAPTER 2: INTERNAL CONTROL CRITIERA <br />COSO Internal Control — Integrated Framework ....................... 6 <br />Government Finance Officers Association (GFOA) <br />Cash Receipts Policy (January 2007) .... ............................... 8 <br />Sarbanes -Oxley (SOX) Segregation of Duties Matrix ................ 9 <br />IT Segregation of Duties Matrix .................. ............................... 10 <br />Control Objectives for Information and related Technology <br />(COBIT) Framework ............................. ............................... 11 <br />Information System Audit and Control Association (ISACA) <br />SecurityPolicy ..................................... ............................... 11 <br />Business Continuity Plans .......................... ............................... 11 <br />CHAPTER 3: DEPARTMENT OF WATER SUPPLY <br />Overview.................................................... ............................... <br />13 <br />Organization............................................... ............................... <br />14 <br />WaterBoard ........................................ ............................... <br />14 <br />Administration ..................................... ............................... <br />15 <br />Finance Division ................................... ............................... <br />16 <br />Operations Division ............................. ............................... <br />16 <br />Engineering Division ........................... ............................... <br />17 <br />Department of Water Supply Financial Statement <br />(June 30, 2008 & 2007) .......................... ............................... <br />18 <br />Department of Water Supply Organization Charts ............. 19 to 22 <br />CHAPTER 4: CASH HANDING SYSTEMS <br />Overview.................................................... ............................... 23 <br />Department of Water Supply Finance Division .......................... 24 <br />Five Basic Principles of Good Cash Handling ........................... 25 <br />Findings and Recommendations . ............................... 25 to 41 <br />
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