Office of the Legislative Auditor - Financial Audit Division

Report Summary
Minnesota Veterans Home – Fergus Falls
Internal Control and Compliance Audit

 

Financial Audit Division Report 08-17

Released July 31, 2008

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Conclusions

The Minnesota Veterans Home – Fergus Falls had adequate internal controls 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 home complied with finance-related legal requirements over its financial activities.

Audit Objectives and Scope

Objectives	Period Audited
Internal Controls Compliance	July 1, 2004, through June 30, 2007
Programs Audited
Payroll and Other Administrative Expenditures    Resident Trust Accounts	Cost of Care Gifts and Donations

Background

The Minnesota Veterans Home – Fergus Falls operates as a skilled nursing care facility for eligible veterans. The home has the capacity for 85 residents. The home receives General Fund appropriations for its operations, which are recorded in a Special Revenue Fund account established specifically for the home. The home also collects receipts for the cost of care of its residents, deposits those receipts in the operations account, and uses them for operations.