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An audit is simply a structured method of reviewing the control
systems in your operation. One of management's major responsibilities
is to develop and implement controls and operations that will help
ensure the achievement of approved goals and objectives. An Audit
assists management in carrying out this responsibility by performing
independent evaluations of the effectiveness of these control systems
and bringing to their attention situations in which controls could be
improved. A constructive working relationship between the Auditor's
Office and County Department's and Office's is essential if the County
is to achieve maximum benefit from audit activities. This relationship
is based upon the recognition that both the Auditor's Office and County
Heads, and indeed all employees, share a common goal-the overall
success of the County.
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The following is a list of different types of audits.
1.) Financial Statement Audits - The auditor provides users with
an independent basis for relying upon management's statements.
Auditors collect evidence needed to verify these statements by using
inspection, observation, inquiry, and confirmation of third parties.
2.) Compliance Audits - Compliance audits are performed to
obtain reasonable assurance that governments have complied with state
and local laws and regulations.
3.) Performance Audits - Process of obtaining and evaluating
evidence regarding the performance of an organization, program,
function or activity. Evaluation is made in terms of economy and
efficiency of operations, effectiveness in achieving desired
results and compliance with relevant policies, laws and regulations. |
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