ERIC Number: ED220913
Record Type: RIE
Publication Date: 1981
Reference Count: 0
Internal Audit Guide for Student Activity Funds. A Guide for Those Responsible for the Audit Function to Help Plan, Conduct, Prepare and Present an Effective Internal Audit Report of Student Activity Funds.
Association of School Business Officials of the United States and Canada, Park Ridge, IL. Research Corp.
The purposes of this handbook are to help improve internal systems for auditing funds received from student activities and to help ensure that school board policies and good business practices are being followed. After brief introductory sections, the document discusses internal auditing functions and standards and notes the internal auditing department's role as a part of the district management team. The next section considers the planning of an internal audit, while four subsequent sections look at internal auditors' review of general controls on student activities (including forms, records, and procedures) and their reviews of student activity revenues, expenditures, and reporting procedures. The document's final section describes the preparation and presentation of the internal audit report and suggests follow-up actions. (Author/RW)
Descriptors: Elementary Secondary Education, Extracurricular Activities, Income, Money Management, School Accounting
Publications Department, Research Corporation of the Association of School Business Officials of the United States and Canada, 720 Garden Street, Park Ridge, IL 60068 (Order No. 3003; $5.95).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: Association of School Business Officials of the United States and Canada, Park Ridge, IL. Research Corp.
Identifiers: Financial Audits; Financial Reporting
Note: Developed by The Student Activity Research Committee of the Association of School Business Officials of the United States and Canada.