|Financial Audit Division Report 08-15||Released May 22, 2008|
Generally, for the majority of its financial operations, the department’s internal controls were adequate to ensure that it safeguarded receipts and other assets, accurately paid employees and vendors in accordance with management’s authorization, produced reliable financial information, and complied with finance-related legal requirements. For the items tested, the department generally complied with finance-related legal requirements over its financial activities. However, the department had six weaknesses related to internal control and legal compliance over some significant aspects of its operations. We highlight the key findings below.
||July 1, 2005, through December 31, 2007|
As the personnel, insurance benefits, and labor relations office, the Department of Employee Relations assists all other agencies in issues relating to state employment. The department received General Fund appropriations of about $6.2 million for operations each of the past three fiscal years. The department also collected insurance receipts and paid claims that exceeded over $500 million each year.