Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Controller's auditors report clean opinions; recommend payroll guidance and stronger subrecipient award notices
Summary
External auditors reported unmodified (clean) opinions on the City's CAFR and single audit, flagged one current-year single-audit compliance finding (timing of communicating CFDA/subaward information to subrecipients) and recommended Controller—s Office issue Image Peoplesoft-specific payroll guidelines following a systems conversion.
Annie Louie, a director on the City—s external audit team, told the Government Audit and Oversight Committee that auditors issued unmodified opinions on the City—s Comprehensive Annual Financial Report and on the single audit of federal awards for fiscal year 2012–13.
Louie said auditors covered 16 major federal programs across 15 departments and found one current-year compliance issue: departments that pass federal funding to subrecipients did not include federal award identifiers (including the CFDA number) at the time of award as required. "The…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
