REPORT TO AUDIT COMMITTEE
SUBJECT
Title
Overview of the City Auditor's Office Semi-Annual Status Report as of September 30, 2022
Report
BACKGROUND
Per Section 900 of the City Charter, the City Auditor's duties and responsibilities include conducting in-depth financial and performance audits, overseeing the City's performance management system, auditing and approving all bills, invoices, payrolls, demands or charges against the City government before payment and, with the advice of the City Attorney, making reports to the City Council as to the regularity, legality and correctness of such claims, demands or charges. The City Auditor's Office conducts its work under the auditing standards prescribed by the Institute of Internal Auditors (IIA). The IIA International Standards for the Professional Practice of Internal Auditing (Standards) requires the City Auditor to periodically report to the Audit Committee on the internal audit activity's performance relative to the Audit Work Plan.
In accordance with the adopted Internal Audit Charter, the City Auditor prepares an annual work plan and reports semi-annually to the City Council via the Audit Committee describing the status and progress towards completion of the work plan. This report summarizes reports issued, other activities, assignments in process, and the status of the current work plan as of September 30, 2022.
DISCUSSION
The role of the Audit Committee (Committee) is to provide oversight of the City's financial reporting processes, internal controls, and independent auditors. The City Auditor's Office will present the audit status report as of September 30, 2022. Staff will provide an update of the audit projects within the existing work plan.
ENVIRONMENTAL REVIEW
The action being considered does not constitute a "project" within the meaning of the California Environment Quality Act ("CEQA") pursuant to CEQA Guidelines section 15378(a)(4) in that it is a fiscal activity that does not involve any commi...
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