Title
a. Approve the Auditor-Controller's Fiscal Year 2022-23 and FY 2023-24 Internal Audit Work Plan.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors approve the Auditor-Controller's Fiscal Year 2022-23 and FY 2023-24 Internal Audit Work Plan.
SUMMARY/DISCUSSION:
The Auditor-Controller's Office (ACO) Internal Audit Division (IA) has identified an audit strategy with a potential to add value and reduce risk while working within the confines of limited IA resources. Through consultation and discussion with the Board of Supervisors, County Administrative Office (CAO), and certain Department Heads, the Internal Audit Work Plan (Attachment A) has been created for FY 2022-23 and FY 2023-24. This report seeks approval to begin scheduling and performing the projects listed on the plan.
The two-year Work Plan encompasses IA's major responsibilities:
* Internal Audits - The audits listed in Attachment A are not in order of completion priority and will be scheduled based on availability of the auditees and the IA team. Additionally, the current resource constraint of IA team coupled with urgent risk mitigation need or completion timeline anticipated by departments may require certain projects or its related audit work to be contracted out to external audit firms.
* External Audit Service - IA also helps steward departments through the procurement and contract management process to secure audit services with external firms for certain compliance audits mandated by granting agencies, State law, or others deemed as needed based on the risk involved. The work to be performed by IA in this regard will include but not limited to the following:
o Identify audit scope
o Issue RFP
o Solicit, review, and select vendor
o Coordinate and monitor vendor's service
To streamline the procurement process for external audit and consulting services, IA will issue a Request for Qualifications (RFQ) to establish a pool of pre-qualified audit firms to provi...
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