Report Summary
Minnesota Board of Water and Soil Resources
Internal Control and Compliance Audit
|
Financial Audit Division Report 10-18 |
Released May 27, 2010 |
Conclusion
The Board of Water and Soil Resources’ internal controls were not adequate to ensure that it safeguarded its financial resources, accurately paid employees and vendors in accordance with management’s authorizations, complied with finance-related legal provisions, and created reliable financial data. For the items tested, the board did not consistently comply with significant finance-related legal requirements for financial activity.
Key Findings
- Prior finding not resolved: The Board of Water and Soil Resources did not design, implement, or monitor internal controls to ensure that the board fulfilled its financial management responsibilities.
- The Board of Water and Soil Resources did not fully implement Office of Grants Management oversight policies.
- The Board of Water and Soil Resources’ accounting practices compromised the integrity of its financial information in the state’s accounting system.
- Prior finding partially resolved: The Board of Water and Soil Resources did not adequately safeguard or promptly deposit its receipts.
- The Board of Water and Soil Resources did not obtain appropriate authorization for some expenditures.
- The Board of Water and Soil Resources did not retain adequate documentation to support some of its transactions.
Audit Objectives and Scope
| Objectives |
Period Audited |
- Internal Controls
- Compliance
|
July 1, 2007, through December 31, 2009 |
| |
| Audited Areas |
- Select administrative expenditures
- Appropriations and other funding
- Payroll expenditures
|
- Grant expenditures
- Easement expenditures
|
