AUDIT OF FINANCIAL RECORDS
In accordance with state and federal statutes, policies, and guidelines, all financial records of the district will be audited following the close of each fiscal year.
The Board will appoint an independent auditor, as approved by the State Auditor's Office, to conduct this audit which must show all money collected, disbursed, and retained together with receipts verifying money collected and vouchers for money disbursed. The audit must also show a comparison of disbursements with budgeted accounts and must be completed in time to be submitted to the state auditor as required by law following the close of the fiscal year.
The independent auditor will also audit the accounts of each individual school in the district for report to the Board of Education.
Audit Legal References
Utah Code 53A Chapter 1:
Utah Code 53A Chapter 3: