|
|
Audit Information THE AUDIT PROGRAM
Outline for Comprehensive Annual Financial Report (CAFR) Section I: General Compliance
Section II: Specific Compliance  Board Secretary and Treasurer Reports Cash Reconciliation Petty Cash Funds SAS #70 Reports Investments Revenues and Receipts Extraordinary Aid District Taxes Tuition (N.J.A.C. 6A:23-3) Reporting On-Behalf Payments Refunds Telecommunications Act of 1996 (E-rate) Cancellations Abbott Parity Remedy Aid Health Insurance Policies Sale and Lease-back Contracts Required MaintenanceSchedule of Allowable Maintenance Expenditures Restricted Appropriations/Balances Capital Reserve Account – General
Fund Excess Surplus Fund Balance Classifications
Fund 20 (Special Revenue Fund): TPAF Reimbursement Demonstrably Effective Program Aid (DEPA) Early Childhood Program Aid Capital Reserve Account Procedures (ECPA) Distance Learning Network Aid and Instructional
Supplement AidPreparing the DEPA Restricted Aid StatementsPreparing the ECPA Restricted Aid StatementPreparing the Distance Learning Network
Aid StatementPreparing the Instructional Supplement
Aid Statement
Fund 30 (Capital Projects Fund): Bond and Note Authorizations Bond Sales and Capital Projects Fund Activities Capital Project Approval under EFCFA Unexpended Bond Proceeds Economic Development Authority (EDA) Grants
under EFCFA Overexpenditures Rebatable Arbitrage Secondary Market Disclosure Recording Lease Purchase Agreements Involving
Issuance of Certificates of Participation (COPS)
District Taxes Debt Service Aid Rebatable Arbitrage Budget Transfers
Proprietary Funds Food Service – Enterprise Fund SAS #70 Reports Workman’s Compensation – Internal
Service FundSample Food Service Invoices and Allocations Child Nutrition Program RequirementsReimbursement Rate Breakdown
Fund 60 (Trust and Agency Fund): Trust Funds (two types) Unemployment Trust Fund Agency Funds
Fund 70 (Student Activity Fund): Organizations Under the Auspices of the
School Fund Raising in Schools by Outside Organizations Funds of Teacher Organizations and Parent/Teacher
Organizations Funds Collected by Teachers from Pupils
for Immediate Purchase of Items
Fund 80 (General Fixed Assets Account Group): Capital Leases Construction in Progress GASB 34 Model – Sample Format for
the Capital Asset Subsidiary Ledger
Fund 90 (General Long-Term Debt Group): Compensated Absences Early Retirement Incentive Program Rebatable Arbitrage GASB 34 Model – Long-term Debt
Federal and State Audit Requirements Notes Regarding the Schedule of Expenditures
of Federal Awards and State Financial Assistance Preparing the Schedule of Expenditures
of Federal Awards and State Financial Assistance Federal (CFDA) Numbers State Grant Account NumbersSample Schedule A (Federal Awards)Sample Schedule B (State Financial Assistance) Sample Schedules of Findings and Questioned
Costs Sample Summary Schedule of Prior Audit
Findings Federal OMB Circular No. A-133 - Refer
to Circular on web site www.whitehouse.gov/OMB/grants State Circular Letter No. 98-07-OMB
– Refer to Circular which can be access at the NJOMB web site
www.state.nj.us/treasury/omb
Section III: Reporting Chapter 1 – Audit
Criterion and Submission Independent Auditor’s Report Report on Compliance and on Internal Control
Over Financial Reporting Based on an Audit of Financial Statements
Performed in Accordance with Government Auditing Standards Report on Compliance with Requirements
Applicable to Each Major Program and Internal Control over Compliance
in Accordance with OMB Circular A-133 and New Jersey OMB Circular
98-07
Chapter 3 – Footnote Disclosures Sample Footnotes for Schedules of Expenditures
of Awards and Financial Assistance Sample Footnotes for General-Purpose Financial
Statements (Including Post-Retirement Benefits)
Chapter 4 – Auditor’s
Management Report (AMR)
|
