Volume 1, Issue 4
There’s a Policy for That! The Holiday season is upon us again and there is so much to be jolly for. Families and friends come together to celebrate this beautiful time together! In the face of jingle bells and peppermint mochas, have you ever had a few generous citizens showing up at your office presenting this familiar, yet awkward scene? “Oh, I really need to decline this expensive gift”. “Oh, gee, I don’t know. Are there any rules”? Yes. And yes! There’s a policy for that! OCPS, has got you covered! Click here to learn more. Act fast – the generous givers are coming before you can finish hanging up the last strings of lights!!
School Internal Accounts Audits Completed: Here are the Results The School Internal Accounts audits for the year that ended June 30 this year are complete. The charts below show: • how many findings in this year’s audits are repeated from last year • how many schools had 1 to 5 findings, more than 5 findings, or no findings • the most common types of findings Repeat vs. New Findings
New findings 338 81%
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Authorizers and approvers, remember:
You are expected to have actual knowledge of the item being approved and should question anything unusual before signing
Findings Per School More than 5 findings 14 schools
Repeat findings 79 19%
Internal Control ip
1 to 5 findings 137 schools
Did you Know...
No findings 66 schools
The presence of anti-fraud controls is associated with lower fraud losses and quicker fraud detection.
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Internal Audit Mission Internal.Audit@ocps.net
We provide independent, objective assurance that adds value and enhances the district’s performance,accountability, and transparency.