The Audit Program - Audit Checklist and Questionnaire

Date Issued 5/02 SECTION III – REPORTING CHAPTER 6 –AUDIT CHECKLIST& QUESTIONNAIRE TO BE COMPLETED BY BOARD SECRETARY/BUSINESS ADMINISTRATOR CHECKLIST FOR ANNUAL AUDIT CURRENT OPERATING FUND SCHOOL YEAR 2001-2002 ( ) 1. Complete Comprehensive Annual Financial Report (CAFR) as of June 30, 2002. ( ) 2. Trial balance reflecting adjusting and closing entries as of June 30, 2002, as support for the CAFR. ( ) 3. All books and records of the board secretary/business administrator including but not limited to: a. General Journal for FY 2001-2002 b. Special Purpose Journals for FY 2001-2002 c. General Ledgers for FY 2001-2002 d. Revenue Subsidiary Ledgers for FY 2001-2002 e. Expenditure Subsidiary Ledgers for FY 2001-2002 f. Chart of Accounts for FY 2001-2002 ( ) 4. Analyses of open purchase orders at June 30, 2002. Separate lists must be prepared for accounts payable and reserve for encumbrances. ( ) 5. Monthly reconciliations of all checking accounts including Bond and Interest Account. Bank Statements for 13 months, including related canceled checks, debit and credit memos, returned by the bank and duplicate deposit tickets for the period July 1, 2001 through July 31, 2002. ( ) 6. List of Investments, if any, outstanding as of June 30, 2002. ( ) 7. Copies of all applications, third party contracts (when applicable), revenue verification notices, all approved budgets and budget modifications in ...