Loading...
HomeMy WebLinkAboutAnnual Audit Plan FY 2019-2020Fiscal Year 2019-2020 Audit Plan June 26, 2019 Aloha, County of Hawaii Office of the Legislative Auditor Bonnie Nims, CGRP, Legislative Auditor It is our mission to serve the County Council and citizens of Hawaii County by promoting accountability, fiscal integrity, and openness in local government. Through performance and financial audits of County agencies and programs, we examine the use of public funds, evaluate operations and activities, and provide findings and recommendations to elected officials and citizens in an objective manner. Our work is intended to assist County government and its management of public resources, delivery of public services, and stewardship of public trust. am pleased to present the Office of the Legislative Auditor's annual audit plan for fiscal year 2019-2020. The purpose of the audit plan is to identify particular County agencies, departments, funds, programs, or other matters we have scheduled for audit in the fiscal year. Our annual audit plan includes four performance audits and three follow up audits. We also coordinate the financial statement and federal single audit of the County of Hawaii with a contracted CPA firm. In addition, we may also consider County- wide surprise cash counts and ongoing monitoring of County - issued purchasing cards and travel expenditures. This audit plan facilitates an efficient allocation of limited audit resources on a risk -basis; provides a flexible mechanism for managing competing audit needs; eliminates the potential overlapping of audits with other audit organizations, and provides a sound foundation for obtaining sufficient budgetary funds required to execute our mission. Respectfully, Bonnie Nims, CGRP Legislative Auditor What is a performance audit? • Assessment of operations and controls derived from previous external Audit Plan Risk A performance audit typically examines the effectiveness, economy, or accordance with Generally efficiency of a government program. They can include analyzing the services of Assessment Criteria an entire department or activity, identifying possible cost savings, identifying Standards promulgated by the the outcomes achieved by a program, or comparing actual department Using arisk-based audit practices against the practices called for in law or policy. Types of questions approach to identify and we may attempt to answer include: prioritize potential audit topics issues that pose the greatest potential • Is this program accomplishing its goals and objectives? (Are there risk and liability to the County, other ways to achieve this goal?) (Is this goal still relevant?) (How do The Office of the Legislative other counties achieve this goal or fulfill this need?) Auditor considers the following • How well does the program do what it is intended to do? (How risk factors: many are served?) (What does it cost per unit?) (How does the County of Hawaii compare to other counties in this regard?) 0 Size of Department or • Is this program complying with all applicable laws and Operational Area regulations? (Does the program meet all federal grant requirements?) 0 Compliance and (Is the program fulfilling any obligations mandated by state or county Regulations law?) • Public Sensitivity Performance audits have a broader focus on the organization than more • Complexity of Transactions traditional financial audits. Financial audits are conducted to provide an opinion about whether an entity's financial statements are fairly presented and in 0Management conformity with generally accepted accounting principles. Financial audits do Accountability not focus on an entity's performance per se, but rather whether it has taken 0 Quality of Known Internal appropriate actions to control and safeguard its finances and accurately report Control System on its financial conditions. 0 Age of Program or Operation Our objective is to improve public services. We do this by recommending specific actions that will address the issues we raise, and by providing valuable Audit History information to the public, program leadership, the Mayor, and the County 0 Public Health and Safety Council. 0 Critical Infrastructure Preparing the Annual Audit Plan 0 Emerging Risk Areas • Inherent Risk Areas Audits included in the annual audit plan are selected and prioritized using arisk- Departmental Requests based approach. Risk assessment is a process used to identify and prioritize audits based upon specific risk factors related to the quality of internal controls and the estimated potential liability and level of risk exposure to the County of Adherence to Hawaii related to various County departments, programs, activities, and contracts. The OLA utilizes several techniques to identify and prioritize audits in Government the annual plan. These techniques include: Auditing Standards Analysis of operations and internal controls derived from previous audits • Assessment of operations and controls derived from previous external We conduct all audits in audits including information in the County's Comprehensive Annual accordance with Generally Financial Reports (CAFRs) and Single Audit Reports Accepted Government Auditing • Input from elected officials, operational management, peer audit groups, Standards promulgated by the and members of the public United States Comptroller • Benchmarking against the audit priorities of other governmental entities General. • Consideration of current local events, financial conditions, and public policy issues MWMELM County of Hawaii, Office of the Legislative Auditor P a g e 11 Fiscal Year 2019-2020 ned Audit aw Audit Department Planned Audit financial and Single Audit dMER In accordance with Hawaii County Charter Section 10-13, Financial audit of Department of Finance our Office will monitor the conduct of the external auditor, the County's Comprehensive and other departments N&K CPA's Inc. (RFP #3544) who will complete the Annual Financial as required following: Report (CAFR) for • Single Audit of Federal Financial Assistance Programs Fiscal Year Ended for Fiscal Year Ended June 30, 2019. June 30, 2019 Department of Water Supply 0Financial Audit of the Department of Water Supply for Fiscal Year Ended June 30, 2019. • Report for Landfill Financial Assurance; and • Financial Assessment Electronic Submission of Section 8 — Housing Choice Vouchers. Self -Initiated Performance Audits Continuation of the Department of Finance We will evaluate the County's Real Property Tax collection in -process audit of Real Property Tax Division p y process over delinquent taxes. Real Property Tax (RPTD) Continuation of the Department of Parks & We will evaluate preventative maintenance and repair, in -process audit of Recreation (P&R) identify P&R's approach and strategy for park maintenance, Facilities review and evaluate procedures, practices, and controls of Maintenance P&R's various divisions on a selective basis. Grants County -wide departments We will evaluate the County's Grant Management process Management identified during audit including assessing whether the County has adequate planning internal controls to efficiently and effectively manage grants. This may include: • determining if the County efficiently applies for grants; and/or • determining if the County has established adequate internal controls to effectively manage grants received. Contract County -wide departments We will evaluate the adequacy of the County's monitoring Administration identified during audit procedures and internal controls over contract planning administration. County of Hawaii, Office of the Legislative Auditor Pa g e 12 Follow-up audits Continuation of in- Department of Public Works We will follow up on recommendations made in the 2017 process follow-up Highway Division Performance Audit on inventory management. audit of Inventory Management Hiring Practices Department of Human We will follow up on recommendations made in the 2017 Resources Performance Audit on the Department of Human Resources Hiring Practices. Cash Handling Mass Transit Agency We will follow up on recommendations made in the 2018 Performance Audit on Cash Handling at County of Hawai`i's Mass Transit Agency. Non -audit service We may consider ongoing monitoring of compliance and internal controls Surprise Cash County -wide departments Conduct surprise cash counts of cash and cash equivalents Counts identified during audit to determine if all cash was receipted and deposited timely planning and intact; monitor safeguarding of assets to prevent and detect fraud and misuse. Purchasing Card County -wide departments Review internal controls over pCard use and compliance (pCard) identified during audit with applicable procurement laws and County policies and planning procedures. Travel County -wide departments Review travel authorization; compliance with applicable identified during audit laws and County policies and procedures. planning County of Hawaii, Office of the Legislative Auditor P a g �, 13