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Internal Controls for Inventory and Equipment
Print out presentation prior to webinar.
https://www.osc.ny.gov/files/local-government/academy/pdf/internal-controls-for-inventory-and-equipment-05-15-2020.pdfState Comptroller DiNapoli Releases School Audits
… and charter school finances and operations to ensure money is being spent appropriately and effectively. The … $60 billion in federal, state and local funds. For additional background or a comment on a specific audit, … of the 15 employees. The cumulative effect of these errors is that four employees’ leave accrual balances were …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-audits-0Town of Stratford – Supervisor’s Records (2013M-11)
… May 31, 2012. Background The Town of Stratford is located in Fulton County and has a population of 610 residents. An … maintained and the financial information included in the annual update document (AUD) filed with the Office of … by the accounting records. We did not find evidence in the 2011 and 2012 Board minutes that the Board audited the …
https://www.osc.ny.gov/local-government/audits/town/2013/03/15/town-stratford-supervisors-records-2013m-11Webster Central School District - Financial Condition (2018M-109)
Webster Central School District Financial Condition 2018M109
https://www.osc.ny.gov/local-government/audits/school-district/2018/09/14/webster-central-school-district-financial-condition-2018m-109NYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … estimated value reflects benefits of $3.34 billion paid out during the quarter. Its audited value as of fiscal year … Trusts' latest analysis of state pension funds, based on 2018 data, ranked the Fund as the second best funded in …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsCentral Islip Union Free School District – Financial Management (2013M-380)
… realistic estimates for revenues and expenditures based on all information available at the time the budget is …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/central-islip-union-free-school-district-financial-management-2013m-380Rhinebeck Central School District – Extra-Classroom Activities (2017M-135)
… Purpose of Audit The purpose of our audit was to review District officials’ management of extra-classroom activities … through April 30, 2017. Background The Rhinebeck Central School District is located in the Towns of Clinton, Hyde … the receipt of funds and maintain adequate and appropriate accounting records. Update and amend the extra-classroom …
https://www.osc.ny.gov/local-government/audits/school-district/2017/09/22/rhinebeck-central-school-district-extra-classroom-activities-2017m-135NYS Common Retirement Fund Reports First Quarter Results
The New York State Common Retirement Funds Fund estimated return in the first quarter of the State Fiscal Year SFY 201920 was 338 percent for the threemonth period ending June 30 2019 raising its estimated value to $2162 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsOpinion 89-17
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … of the fund for "anticipated judgments and claims", it is our opinion that, consistent with the conclusion in Opn No. …
https://www.osc.ny.gov/legal-opinions/opinion-89-17Brewster-Southeast Joint Fire District - Recordkeeping and Procurement (2018M-86)
… Key Findings Accounting records were not accurate as of December 31, 2017. Cash accounts were incorrectly recorded, the operating bank account balance was understated by more than $377,000 and the capital reserve balance was overstated by $200,790. In …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/08/03/brewster-southeast-joint-fire-district-recordkeeping-and-procurement-2018mTown of Porter – Capital Projects (2013M-352)
… fund-townwide, where they can be used to reduce real property taxes and finance operations. The Supervisor is …
https://www.osc.ny.gov/local-government/audits/town/2014/02/28/town-porter-capital-projects-2013m-352Olcott Fire Company, Inc. – Financial Operations (2013M-124)
… of our audit was to evaluate internal controls over the Company’s financial operations for the period January 1, … year. Key Findings The Board did not provide adequate oversight of the Company’s financial operations, properly … restaurant purchases. Key Recommendations Establish an accounting system and maintain complete, accurate, and timely …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/16/olcott-fire-company-inc-financial-operations-2013m-124DiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… State Common Retirement Fund (Fund) was $233.2 billion at the end of the second quarter of the state’s fiscal year. … York State Common Retirement Fund Fund was $2332 billion at the end of the second quarter of the states fiscal year …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterState Comptroller DiNapoli Releases Municipal & School Audits
… a comprehensive investment program with written procedures for the investment of district funds or prepare monthly cash flow forecasts to estimate funds available for investment. The board also did not formally solicit … officials did not ensure non-payroll disbursements were for appropriate town purposes. The board did not segregate …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases Municipal Audits
… the records maintained by the treasurer were generally up to date and complete. They also found the treasurer … maintained by the county clerk and surrogate’s court were up to date and complete and we noted no material … accounting records and reports in a complete, accurate, up-to-date or timely manner. The general fund balance was …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-municipal-auditsNYS Common Retirement Fund Reports Second Quarter Results
… of the State Fiscal Year (SFY) 2019-20 was 1.16 percent for the three-month period ending Sept. 30, 2019, with an … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2019/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2019-20 … State Comptroller Thomas P. DiNapoli. “A strong upswing in the markets to close out 2019 boosted the Fund’s returns in its third quarter,” DiNapoli said. “Volatility remains the …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… investment return over the three-month period ending June 30, 2018, according to New York State Comptroller Thomas … the first quarter. The Fund's audited value as of the March 31, 2018 end of fiscal year 2017-2018 was $207.4 …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsNew York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2020
… they reflect short-term measures, not an enduring policy change. As the COVID-19 pandemic wanes and the temporary … paid that year. Federal budget deficits (or surpluses) change over time, depending on many factors including shifts …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2020Cost-Saving Ideas: School District Auditing – Claims/Deputy Claims Auditor
… The superintendent Any district official responsible for business management An employee under direct supervision of … accounting and purchasing Any individual responsible for business operations Resources "Claims Auditor, Internal Audit …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-school-district-auditing-claimsdeputy-claims-auditor