Objective

Audit Services objectives in accomplishing its mission include the following:

• Determine the accuracy and propriety of financial transactions
• Evaluate policies, procedures and systems to ensure reliability and integrity of information
• Evaluate financial and operational procedures for adequacy of internal controls and provide advice and guidance on control aspects of new policies, systems, processes and procedures
• Verify the existence of assets and ensure that proper safeguards are maintained to protect them from loss
  Determine the level of compliance with policies and procedures
• Evaluate the accuracy and effectiveness of electronic information and processing systems
• Determine the effectiveness and efficiency of organizations in accomplishing their mission and identify operational opportunities for cost savings and revenue enhancements
• Provide assistance as needed to the external auditors engaged by KCTCS during the course of their annual audit
• Investigate fiscal misconduct and report findings to Senior Management