| Financial Audit Division Report 09-12 | Released March 26, 2009 |
The Office of Enterprise Technology generally complied with and had controls to ensure compliance with federal allowable cost principles applicable to its administration of the Enterprise Technologies Internal Service Fund for fiscal year 2008. However, the department had an error in its calculation of excess retained earnings.
The Office of Enterprise Technology did not accurately calculate the Enterprise Technologies Internal Service Fund’s excess retained earnings.
The objective of our audit was to determine whether the Office of Enterprise Technology complied with federal allowable cost principles in its administration of the Enterprise Technologies Internal Service Fund for fiscal year 2008.
