Maricopa County Community College District June 30,2002 Single Audit  Reporting Package

Maricopa County Community College District June 30,2002 Single Audit Reporting Package

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A REPORTTO THEARIZONA LEGISLATUREFinancial Audit DivisionSingle AuditMaricopa CountyCommunity College DistrictJune 30, 2002Debra K. DavenportAuditor GeneralThe Auditor General is appointed by the Joint Legislative Audit Committee, a bipartisan committee composed of fivesenators and five representatives. Her mission is to provide independent and impartial information and specificrecommendations to improve the operations of state and local government entities. To this end, she provides financialaudits and accounting services to the State and political subdivisions, investigates possible misuse of public monies, andconducts performance audits of school districts, state agencies, and the programs they administer.Copies of the Auditor General’s reports are free.You may request them by contacting us at:Office of the Auditor General2910 N. 44th Street, Suite 410 • Phoenix, AZ 85018 • (602) 553-0333Additionally, many of our reports can be found in electronic format at:www.auditorgen.state.az.usMaricopa County Community College District Single Audit Reporting Package June 30, 2002 Table of Contents Page Comprehensive Annual Financial Report Issued separately Reports on Compliance and Internal Control Report on Compliance and on Internal Control over Financial Reporting Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 1 Report on Compliance with Requirements Applicable to ...

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A REPORT TO THE ARIZONA LEGISLATURE
Financial Audit Division
Single Audit
Maricopa County Community College District June 30, 2002
Debra K. Davenport Auditor General
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Copies of the Auditor General’s reports are free. You may request them by contacting us at: Office of the Auditor General 2910 N. 44th Street, Suite 410 • Phoenix, AZ 85018 • (602) 553-0333 Additionally, many of our reports can be found in electronic format at: www.auditorgen.state.az.us
  
Maricopa County Community College District Single Audit Reporting Package June 30, 2002
Table of Contents  Comprehensive Annual Financial Report  Issued separately  Reports on Compliance and Internal Control  Report on Compliance and on Internal Contr oFil noavnecria   l  Reporting Based on an Audit of Fina Sntcaitaelmen  ts  Performed in Accordance wi G t o h vernmenAtuditing Standards   Report on Compliance with Requirements Appli cEaablceh  to  Major Program anodn  Internal Control o vCeormpliance  in  Compliance in Accordance with OMB Circ-u1l3ar3  A  Schedule of Expendietsu rof Federal Awar  ds   Schedule of Findings and Questioned C  osts  Summary of Auditors’ Results   Financial Statement Findings   District Respons  es  Corrective Action Plan   Summary Schedule of Prior Audit Findings  
Page          1     3   5     9   10     11   14  
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     STATE OF ARIZONA  DEBRA K. DAVENPORT, CPA OFFICE OF THE AUDITOR GENERAL AUDITOR GENERAL  W D I EP L U L TY I  A AU M DI  T T O H R O GE M NE S R O AL N    IndependenAtuditors’ Report on Compliance and on Internal Control over Financial Reporting Based on an Audit of Financial Statements Performed in Accordance w G it o h v  ernment Auditing Stand  ards   Members of the Arizona State Legislature  The Governing Board of MaricopaCounty Community College District   We have audited tbhae sic financial statements of Maricopa County Community College District as of an for the year ended June 30, 22, 0a0nd have issued our retp tohrereon dated Janu a1r7y, 200,3 which was modified asotconsistency because of the implementation of Governmental Accounting Standards Boa Statement No. .3 W5e conducted our audit in accordance with U.S. generally accepted auditing standard and the standards applicable to financial audits conta G in ov e e d r  n in m  ent Auditing Stand , a  r is d s s ued by the Comptroller General of the United States.  Compliance  As part of obtaining reasonable assurance about whether theb Daissitcr f i cntasn cial statements are free of material misstatement, we performed testso mofp iltisa ncce with certain provisions of laws, regulations, contracts, and grants, noncompliance with which could have a direct and material effect on determination obfa sic financial statement amo.u Hntoswever, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express su.ch an opin The results of our tests disclosed no instances of noncompliance that are required to be reported u Government Auditing Stand . a W rd e s also notedc ertai nimmaterial instans coef noncompliance that we will report to the District’s management in a separate letter.  Internal Control over Financial Reporting  In planning and performing our audit, we considered the District’s internal control ovoe r t ifninga ncial rep in order to determine our auditing procedures for the purpose of expressing our opbianisoicn  on the financial statements and not to provide assurance on internal control over fina.n cHioalw reevpeor,r tiwneg noted certain matters involving in cteor n tralol over financial reporting and its operation that we consider to be reportable conditi. oRnesportable conditions involve matters coming to our attention relating t significant deficiencies in the design or operation of internal control aolv reer pfionrtai n cgi that, in our judgment, could adversely affect the District’s ability to record, process, summarize, and report fin data consistent with the assertions of management bians ict hfien ancial stateme.n tRseportable conditions are describend t ihe accompanying schedule of findings and questioned costs 0a2s- 0it1e ms and 02-02.   2910 NORTH 44 th STREET • SUITE 410 • PHOENIX, ARIZONA 85018 • (602) 553 -0333 • FAX (602) 553 -0051   
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 A material weakness is a condition in which the design or operation of one or more of the internal components does not reduce to a relatively low leve lt hthate  rmisiskstatements in amounts that would be material in relation to btahsei cf inancial statements being audited may occur and not be detected within timely period by employees in the normal course of performing their assig.n eOdu fr ucnocntisoidnesraotni of internal control over financial reporting would not necessarily disclose all such internal control that might be reportable conditions and, accordingly, would not necessarily disclose all repor conditions that are also considered to abt e  rimal weakness. esHowever, we believe none of the reportable conditions described above is a material w. eWake naels s o notecd ertain mattesr involving internal control over financial reporting that we will report to the District’s managemt e  lnett itne  ra. separa  This report is intended solely for the information and use of the members of the Arizona State Legis the Governing Board, federal awarding agencies, a-ntdh rpoausgsh entities and is not intended to be and should not be used by anyon e ro t h an these specified pa.r tHieoswever, this report is a matter of public record and its distribution is not limited.    Dennis L. Mattheisen, CPA Financial Audit Director  January 1,7 200 3  2