CHESTER TOWNSHIP BOARD OF EDUCATION POLICY 3571.4
AUDIT
An audit of the accounts
of the school district shall be made annually by a public school accountant
selected by the Board of Education. The
audit examination shall be conducted in accordance with statute and generally
accepted auditing standards and shall include all funds over which the Board
has direct or supervisory control.
An auditor's fee shall be
established in each fiscal year. The
Board of Education shall select an auditing firm experienced in school
accounting and willing to perform the required services for the established
fee.
Within 30 days following
the receipt of the annual audit, the Board of Education will, at a regular
meeting, cause the recommendations of the auditor to be read and to be
discussed, and the discussion noted in the minutes of the meeting. The Board will direct the implementation of
the auditor's recommendations.
Date:
Legal
References: N.J.S.A. 18A:6‑68 Bookkeeping and accounting system (educational services
commission)
N.J.S.A. 18A:18A-1 et seq. Public School Contracts Law
N.J.S.A. 18A:23-1 et seq. Audits and auditors
N.J.A.C. 6:8‑2.2 School-level planning
N.J.A.C. 6A:23-1.2 Definitions
N.J.A.C. 6A:23-2.2(i) Principles
and directives for accounting and reporting
N.J.A.C. 6A:30-1.1 et seq. Evaluation of the Performance of School
Districts
Manual for
the Evaluation of Local School Districts
(August 2000)
Cross
References: 1100 Communicating with the public
1120 Board of Education meetings
3570 District records and reports
3571 Financial reports
9127 Appointment of auditor
Key Words
Audit,
Auditor
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