Compliance Review Reports
Compliance Reviews are performed on school districts and university- or community college-sponsored charter schools that have received a Single Audit or financial statement audit. The purpose of the review is to evaluate whether the school district or charter school is in substantial compliance with the Uniform System of Financial Records for Arizona School Districts (USFR) or Uniform System of Financial Records for Arizona Charter Schools (USFRCS). The compliance review report is primarily based upon the review of the USFR or USFRCS Compliance Questionnaire, auditors' report on internal control and compliance, management letter, and financial statements. The report describes any internal control weakness and noncompliance with the USFR or USFRCS.
Financial Investigation Reports
Investigative reports detailing misconduct resulting in financial losses from various types of governmental entities.
Financial Audit Reports
Financial audit reports present entities' financial information and describe whether this information is fairly stated in accordance with generally accepted accounting principles and in compliance with laws.
Single Audit reports present federal expenditures and whether these monies were spent properly.
Annual Expenditure/Budgeted Expenditure Limitation Reports describe whether the entity complied with constitutional spending limits.
Performance Audit Reports
Comprehensive performance reports of State agencies, counties, school districts, supreme court, and universities and the programs they administer.
Procedural Review Reports for State agencies evaluate whether an entity's internal control policies and procedures help safeguard its assets and describe any weaknesses in these internal control policies and procedures.
Procedural Reviews are performed on school districts that are not required to comply with the Single Audit Act Amendments of 1996. The purpose of the review is to evaluate whether the school district is in substantial compliance with the Uniform System of Financial Records for Arizona School Districts (USFR). The review consists primarily of inquiries, observations, and selected tests of internal control policies and procedures, accounting records, and related documents. The procedural review report describes any internal control weaknesses noted in the site review.