OCS Escheat Items FY05-06 Audit Report 2007074

TABLE OF CONTENTS INTRODUCTION 1 SCOPE 1-2 EXCUTIVE SUMARY 2 AGENCY RESPONSE 2 FINDINGS, COMMENTS AND RECOMMENDATIONS DOCUMENTATION TO SUPPORT ADDRESS CHANGES 3-4 INTRODUCTION The Office of Internal Audit performed an audit of the 2005 and 2006 Office of Child Support (OCS) escheat items. The objective of our audit was: 1. To review 2005 and 2006 MiCSES transactions initially selected for escheat to Treasury, but not actually escheated to Treasury, for appropriate handling. This audit was conducted in accordance with the Standards for the Professional Practice of Internal Auditing issued by the Institute of Internal Auditors. This audit was performed at the request of Office of Child Support (OCS) Management. SCOPE The scope of our review included obtaining and reviewing appropriate records and documents, as we considered necessary to satisfy our objective. We obtained and reviewed OCS policy Action Transmittals (AT’s), the Treasury Unclaimed Property Act, and the Treasury Manual for Reporting Unclaimed Property as they related to the 2005 and 2006 escheat process. We also obtained and reviewed OCS and State Court Administrative Office (SCAO) policies that related to Maintenance and Verification of Case Data and address changes. We performed a risk assessment and determined that the primary reason items which were selected for escheat, but did not ...