CC10-030 Audit Procedures FY 2010-2011

NORTH CAROLINA COMMUNITY COLLEGE SYSTEM Dr. R. Scott Ralls, President July 29, 2010 IMPORTANT INFORMATION SUPERSEDES CC09-020 MEMORANDUM TO: Presidents Chief Academic Officers Senior Continuing Education Officers Chief Financial Officers Registrars Student Development Officers FROM: John Pettitt, Executive Director Audit Services SUBJECT: Audit Procedures FY 2010 – 2011 This numbered memorandum serves as an update to the Audit Procedures for FY 2010 – 2011. This numbered memo supersedes CC09-020, Audit Procedures FY 2009 – 2010. The information listed below outlines the major components of the annual audits to be conducted during the 2010-2011 fiscal year. The audit procedures vary somewhat from previous years due to changes in legislation, Title 23 of the North Carolina Administrative Code, State Board of Community Colleges action, NC Community College System Office (System Office) Numbered Memoranda, and recommendations of the State Auditor. The core components of the audits essentially remain the same as in the past few years. However, while there are no additional audit procedures, the following changes in the FY 2010-2011 procedures are noted: 1) Cooperative and Joint Programs with High Schools will include an additional review from previous years to ensure compliance with Session Law 2009-451 prohibiting budget FTE to be claimed for Huskins and concurrently enrolled students in courses with certain ...