City of Gainesville - File #: 210793.

• File #: 210793.
• Version: 2
• Type: Staff Recommendation
• Status: Passed
• File created: 1/6/2022
• In control: Audit Committee
• On agenda: 1/20/2022
• Final action: 1/20/2022
• Title: General Government Internal Control over Financial Reporting Audit (B)

Date	Ver.	Action By	Action	Result
1/20/2022	2	City Commission	Approved as Recommended
1/11/2022	1	Audit Committee	Approved as Recommended	Pass

Title

General Government Internal Control over Financial Reporting Audit (B)

Explanation

The objective of this engagement was to assess the design and effectiveness of General Government internal controls over financial reporting processes to ensure the risk of error, financial reporting misstatement, and fraud are sufficiently mitigated. This audit was added to the City Auditor’s 2021 Audit Plan in March of 2021 as a result of insufficient progress being made toward high risk areas identified in prior financial statement audits.

Recommendation:

The Audit Committee recommends the City Commission accept the City Auditor’s report.