School district passes state audit
May 31, 2014
NEW — 6 a.m. May 31, 2014
The Washington State Auditor’s Office recently performed an accountability audit and examination of the Issaquah School District’s financial statements and federal requirements for the period of Sept. 1, 2012, through Aug. 31, 2013.
In the areas the state examined for its accountability audit, it found Issaquah’s internal controls were adequate to safeguard public assets and that the school district complied with state laws and regulations and its own policies and procedures.
With regard to internal control over financial reporting, the state found no deficiencies in the design or operation of internal control over major federal programs that it considers to be significant deficiencies. In addition, it identified no deficiencies in the district’s material weakness and noted no instances of noncompliance that were material to the financial statements of the district.
The state also examined the district’s adherence to federal requirements and specifically internal control over major programs, and found no deficiencies or material weaknesses.