Iowa Department of Education

The examination of records and documents and internal accounting systems and procedures for one or more of the following purposes:

• determining the propriety of proposed or completed transactions
• ascertaining whether all transactions have been recorded
• determining whether transactions are accurately recorded in the accounts and in the statements drawn there from in accordance with Generally Accepted Accounting Principles (GAAP)

Reporting

Filing Audit Reports with the Office of the Auditor of State

Two audit reports are filed with the Office of the Auditor of State with the filing fee.


Filing Audit Report with the Department of Education

One audit report is filed with the School Finance Team in the Department of Education, and may be submitted on CD-ROM, diskette, or as an email attachment.

Contact:  Janice Evans , Consultant


Requesting Audit Filing Extensions

Requests for extensions to the filing deadline must be postmarked by March 31. Requests are sent by the school district to the Auditor of State, State Capitol Building, Room 111, Des Moines, IA 50319. The A-133 reporting package is due to the federal clearinghouse the earlier of 30 days after receipt of the audit report or March 31. Requests for extensions on A-133 audits must be agreed to in advance of the due date by the federal cognizant oversight agency for the audit. Send requests to U.S.D.E., OCFO, Post Audit Group, 400 Maryland Ave., SW, Washington, D.C. 20202-4245. When an extension is approved, the school district is responsible for notifying the federal clearinghouse and each pass-through entity providing federal awards of the extension.

Links

Audit Practice Aids This site contains resources developed by the Office of the Auditor of State. Sample audit reports for school districts, area education agencies, and community colleges are provided as well as an internal control questionnaire.   Auditor's Guide to Special Elections This guide, prepared by the Office of the Secretary of State, is a resource for special elections.  It includes information on planning, dates, procedures, and legal references.   Government Auditing Standards (Yellow Book) Government Auditing Standards (the "Yellow Book") contains standards for audits of government organizations, programs, activities, and functions, and of government assistance received by contractors, nonprofit organizations, and other non-government organizations.  These standards, often referred to as generally accepted government auditing standards (GAGAS), are to be followed by auditors and audit organizations when required by law, regulation, agreement, contract, or policy.  These standards pertain to auditors' professional qualifications, the quality of audit effort, and the characteristics of professional and meaningful audit reports.   Single Audit Act as Amended in 1996 The Single Audit Act of 1984 established uniform entity-wide audit requirements for state and local governments receiving Federal financial assistance.  Audits performed under the Single Audit Act are intended to satisfy all Federal agencies providing assistance to the entity.