The County’s Internal Audit Department assists the Superintendent and School Board by providing objective analyses, recommendations, advice and comments concerning those areas reviewed to ensure an appropriate level of control at a reasonable cost. To be effective, Internal Audit must maintain independence, and therefore reports directly to the Audit Committee appointed by the School Board.
Improve processes and accountability within Government.
- Review for proper safeguarding of government assets;
- Examine for compliance with relevant laws and regulations;
- Audit for reliability and integrity of School information;
- Evaluate for effective and efficient operations.
- Conduct scheduled Internal Audits to evaluate controls, note commendable practices and recommend workable improvements;
- Follow Up on prior Audits to determine complete, monitored and effective implementation of agreed upon action plans.
- Assist with the County’s annual external audit which includes the School Board.
- Perform special audit requested by management to identify corrective actions as required.
- Advise and consult with School management for improvements in operating efficiencies, effectiveness and results.
- As a nonaudit service, maintain and promote the County’s fraud, waste, and abuse reporting mechanisms and follow up on all reports received, coordinating with other agencies as necessary.
Internal Audit reports to the Audit Committee appointed by the School Board. The Audit Committee also works with the external auditors of the school activity funds.
What Gets Audited:
We have identified numerous potential internal audits across all of the Schools’ divisions. These include, but are not limited to, audits of processes regarding:
- money receipts,
- security and safeguarding of assets, pupils, and staff
- compliance with certain laws and regulations,
- access, security and general information technology controls for systems
We cannot audit everything each year. As such, to develop our Annual Audit Plan, we survey School leadership and consider factors such as the time since last audit, changes in operations or systems, and relative significance and impact to the County, as a whole, to help identify our Audits and focus our activities.
The County’s Finance Department is responsible for preparation of the County’s Comprehensive Annual Financial Report (CAFR) which includes the School Board for each fiscal year ending June 30th. Internal Audit assists an external firm in the audit of the CAFR to help control the cost of the work.
External audits are also separately performed on the Schools’ Activity Funds. Internal Audit assists with this process as needed.
If you have information related to suspected fraud, waste, or abuse in the County of Henrico General Government or Schools operations, please report it to Internal Audit immediately. Use the County’s Report Government Fraud, Waste, or Abuse online service or the voicemail-only hotline (804) 501-4100. You can remain anonymous.