Internal Audit Report

5753 Words24 Pages
City of San Diego AUDIT REPORT CASH COUNT AND BANK RECONCILIATION AUDIT KROLL REMEDIATION OF THE CITY’S BANK RECONCILIATION PROCESS April 28, 2008 Internal Audit Eduardo Luna, CIA, CGFM, Internal Auditor This Page Left Intentionally Blank T HE C ITY O F S AN D IEGO April 28, 2008 Jay M. Goldstone, C hief Operating Officer City o f San Diego 202 C Street San Diego, C A 92101 Attached is our audit report regarding our Cash Count and Bank Reconciliation Audit, which covers the C ity's Kroll remediation efforts for the City's bank reconciliation process. Management's response to our audit report is attached after page 15. Internal Audit staff members that participated in the preparation o f this report are Kyle Elser and Judy Zellers. We would like to thank the City Treasurer, Comptroller, and San Diego City Employee Retirement System s taff for the assistance they extended during our review. All o f their valuable time and efforts spent on providing us information is greatly appreciated. Respectfully submitted, Internal Auditor cc: DIVERSITY BRINGS us ALL TOGETHER Mary Lewis, C hief Financial Officer Gail R. Granewich, City Treasurer Greg Levin, City Comptroller David B. Wescoe, SDCERS Administrator Mark Hovey, SDCERS C hief Financial Officer E lena Perez, Accounting Office M anager George Brister, Office P roject Manger INTERNAL AUDIT 600 B STREET, SUITE 1440 • SAN DIEGO, CA 92101 PHONE 619 533-5281, FAX 619 533-5214 AUDIT REPORT Executive Summary We audited the cash count and general ledger reconciliation processes. We performed a cash count on July 2, 2007 to verify that revenue is supported by proper documentation and is recorded in the correct fiscal year. Revenue documents totaling $17,009,000 were verified during the cash count. We found the cash count satisfactory and no audit

More about Internal Audit Report

Open Document