Policy ESU-3600

Business

Periodic Audit

Reviewed and affirmed by the Board: 
Last Revision: 
Original publish date: 02/27/1996
Related policies & regulations:  
Legal references:  NDE Rule 84, section 8; 79 1229, 41 NAC, 31 USCS

 A complete and comprehensive audit shall be made of the books, accounts, records and affairs of the ESU. The audits shall be conducted annually, unless the Auditor of Public Accounts determines an audit of less frequency to be appropriate.

The ESU Board may contract with the Auditor of Public Accounts or select a licensed public accountant, or certified public accountant, or firm of such accountants to conduct the audit. The auditor shall meet the minimum competency standards established by the Auditor of Public Accounts. The audit shall be completed in accordance with law and the standards established by the Auditor of Public Accounts.

The original copy of the audit shall be filed in the office of the Auditor of Public Accounts within six months of the end of each fiscal year or such earlier time as may be established by law. A copy of the annual audit report shall be provided to the ESU Board, to each member public school system on request and to the Nebraska Department of Education by December 31.