B-217 Auditor
| Authority | District Board |
| Effective Date | October 21, 1981 |
| Revision Date | December 16, 2020 |
| Reviewed Date | August 21, 2024 |
| Related Policies | |
| Related Forms, Policies, Procedures, Statute |
Wis. Stats. 38.12 (5) Wisconsin Technical College System Financial and Administrative Manual |
The District Board will select an independent auditor to conduct an annual audit of the College’s financial status.
The duties of the independent auditor shall be as follows:
To conduct such audit per generally accepted auditing standards, legal requirements, and standards outlined in the Wisconsin Technical College Systems (WTCS) Financial and Administrative Manual with specific compliance reviews. The audit includes such tests of accounting records and other procedures as the circumstances may deem necessary.
To present the audit report and management letter to the District Board and District Board Finance Committee for examination and appropriate action. The management letter shall address college compliance with District Board policies and other WTCS Financial and Administrative Manual requirements.
The President/District Director shall file copies of the audit with the proper authorities as by the law.