Code: DIE
Adopted: 12/14/11
Readopted: 2/21/17
Orig. Code(s): DIE

An audit of all Northwest Regional Education Service District (NWRESD) accounts will be made annually by an accountant selected by the Board from the roster of authorized municipal accountants maintained by the State Board of Accountancy. The audit examination will be conducted in accordance with minimum auditing standards established by the Secretary of State.

The annual audit of the books and accounts will include all funds under the NWRESD’s control, including but not limited to: general fund, special fund and any and all NWRESD accounts involving receipt and expenditure of NWRESD funds.

The cost of the audit will be a charge against the general fund.

A copy of the audit report will be presented to the Board. The auditors will submit a copy of the audit report to the Oregon Department of Education and Secretary of State.

END OF POLICY

Legal Reference(s):

• ORS 294.155
  
• ORS 297.405 to -297.555
  
• ORS 297.990
  
• ORS 334.125
  
• ORS 334.240
  
• OAR 581-023-0037
  
• OAR 581-024-0206(3)(b)
  
• OAR 581-024-0265

Cross Reference(s):

• DIC - Financial Reports and Statements
  
• DJB - Petty Cash Accounts
  
• EH - Data Management