DJJ Form RC-AARC "Checklist for Reviewing Single Audit Cpa Reports" - Florida

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RC-AARC
CHECKLIST FOR REVIEWING SINGLE AUDIT CPA REPORTS
Recipient:
End of Recipient’s Fiscal Year:
Date of Audit Report:
Date Audit Received:
Reviewer:
Review Completion Date:
Yes
No
Audit report was received within ______/_______(Days/Months) of recipient’s (Non- Profit and
1.
For-Profit Organizations) fiscal year end.
2.
The Schedule of Expenditures of Federal Awards and State Financial Assistance were analyzed
and reported expenditures reasonably matched DJJ expenditure records for the recipient’s fiscal
year.
Was the auditor’s opinion on the Schedule of Expenditures of State and Federal Financial
3.
Assistance unqualified
4.
An unqualified opinion was issued on the financial statements.
5.
A statement that the auditor determines that the schedule of Expenditure of State Financial
Assistance for grant specific projects is presented fairly if applicable.
6.
Material weaknesses or significant deficiencies were disclosed by the audit pertaining to financial
statements.
7.
Material weaknesses or significant deficiencies in internal control over major programs were
disclosed by the independent auditor.
8.
Review the Schedule of Findings and Questioned Costs for material weaknesses applicable to
DJJ funding.
9.
Does the report contain a management letter indicating conditions related to DJJ funding or
programs?
If yes, contact Program Management where applicable.
10.
If the report does not contain a management letter, is there an auditor indication (in the Schedule
of Findings and Questioned Costs) that there were no items related to State financial assistance
required to be reported in the management letter.
1
RC-AARC
CHECKLIST FOR REVIEWING SINGLE AUDIT CPA REPORTS
Recipient:
End of Recipient’s Fiscal Year:
Date of Audit Report:
Date Audit Received:
Reviewer:
Review Completion Date:
Yes
No
Audit report was received within ______/_______(Days/Months) of recipient’s (Non- Profit and
1.
For-Profit Organizations) fiscal year end.
2.
The Schedule of Expenditures of Federal Awards and State Financial Assistance were analyzed
and reported expenditures reasonably matched DJJ expenditure records for the recipient’s fiscal
year.
Was the auditor’s opinion on the Schedule of Expenditures of State and Federal Financial
3.
Assistance unqualified
4.
An unqualified opinion was issued on the financial statements.
5.
A statement that the auditor determines that the schedule of Expenditure of State Financial
Assistance for grant specific projects is presented fairly if applicable.
6.
Material weaknesses or significant deficiencies were disclosed by the audit pertaining to financial
statements.
7.
Material weaknesses or significant deficiencies in internal control over major programs were
disclosed by the independent auditor.
8.
Review the Schedule of Findings and Questioned Costs for material weaknesses applicable to
DJJ funding.
9.
Does the report contain a management letter indicating conditions related to DJJ funding or
programs?
If yes, contact Program Management where applicable.
10.
If the report does not contain a management letter, is there an auditor indication (in the Schedule
of Findings and Questioned Costs) that there were no items related to State financial assistance
required to be reported in the management letter.
1
RC-AARC
Yes
No
11
Did the Schedule of Findings and Questioned Cost identify the state projects
audited as major projects?
12
A summary schedule of prior audit findings or a statement that there were not
prior audit findings.
13
The corrective action plan addresses each of the findings or issues identified by
the auditor.
14
The proposed corrective action is appropriate and should result in resolution of
the finding or issue if fully implemented.
15
All prior year audit findings have been cleared.
ADDITIONAL ANALYSES:
16
If the report was received late (whether an extension was requested or not) it can
be an indicative factor, when combined with other non-compliance, of internal
control issues regarding the audile’s operations.
Consult with program and audit management if applicable.
17
A disclaimer of opinion, qualified opinion, or any other opinion besides an
unqualified opinion, or, a lack of indication that the audit was presented fairly on
the financial statements taken as a whole, could be an indication that either the
auditor was only engaged to perform a limited scope audit, or that the scope of
the audit performed was not in compliance with the State or Federal Single Audit
Act. Contact the auditor for further details to determine which elements were not
tested or if exclusion of certain statements or opinions was an oversight.
2
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