Presentation from June 2016 Client Conference for Arizona School Districts

1. Conducting a Risk
assessment

2. Fraud Risk Assessment
Employee
Skimming
Purchasing
and Billing
Payroll
Expenses
Conflict of
Interest

3. Employee Assessment
Formal Written Job Descriptions
Organization Chart – Lines of Responsibility
Written Accounting Policies and Procedures
Ethics Statement
Fraud Policies and Procedures

4. Skimming Schemes Assessment
Inventory of
receiving
records
Segregation of
Duties
Uncollectable
accounts
Review of Sales
Review of
Write-offs
Safeguarding of
Cash

5. Purchasing and Billing Assessment
Organizational
Structure
Vendor
Information
Procurement
Receiving
Reports

6. Payroll Assessment
Segregation of Duties
Terminated Employees
Payroll Register =
GL
Payroll Lists
Deductions
Check Stock

7. Expenses Assessment
Expense Accounts
Employee Reimbursements
Receipts
Review

8. Conflict of Interest Assessment
Vendor vs
Employee
Prior
Employees
Disclosure
Vendor
Agreement
Vendor Audits