Đang chuẩn bị liên kết để tải về tài liệu:
Central Lakes College Financial Audit For Period July 1, 1995, through June 30, 1998 May 1999 Financial Audit Division Office of the Legislative Auditor State of Minnesota_part4

Hầu hết các kiểm toán Báo cáo Kiểm toán lập pháp 99-19, ban hành tháng 3 năm 1999, bao phủ vật liệu hoạt động của tiểu bang báo cáo mục đích tài chính tổng hợp cho năm kết thúc ngày 30 tháng sáu 1998. Nó bao gồm các thử nghiệm các chương trình liên bang để xác định phù hợp với yêu cầu của liên bang. | Central Lakes College Status of Prior Audit Issues As of March 12 1999 Most Recent Audit Legislative Audit Report 99-19 issued in March 1999 covered activities material to the state s general purpose financial statements for the year ended June 30 1998. It included the testing of federal programs to determine compliance with federal requirements. The report did not include any findings related specifically to Central Lakes College. Legislative Audit Report 98-16 issued in March 1998 covered the material federal financial aid programs administered by the State of Minnesota in fiscal year 1997. We audit the federal financial aid programs on an annual basis as part of the Single Audit of the state s federal expenditures. This report did not include any findings related specifically to Central Lake College. Other Audit History Legislative Audit Report 96-35 issued in August 1996 covered the transition of technical colleges into state government. This report included an audit of the business systems and the transfer of technical college assets to the state payroll tuition and fees and student financial aid. A number of issues related to the Central Lakes College were included in the report. Four issues remain partially unresolved. As explained in Finding 1 the college was unable to reconcile the cash balance recorded on the MnSCU accounting system to the bank statements. The college did not promptly record tuition revenue and timely deposit customized training tuition as reported in Finding 5. The college did not adequately separate the duties over the collection of customized training receipts and the billings of third party funding as discussed in Finding 6. Finding 11 explains that the financial aid office had unnecessary access to financial aid checks. State of Minnesota Audit Follow-Up Process The Department of Finance on behalf of the Governor maintains a quarterly process for following up on issues cited in financial aid reports issued by the Legislative Auditor.