707.4 - Audit

In accordance with state law, to review the funds and accounts of the school district, the board will employ an independent auditor to perform an annual audit of the financial affairs of the school district.  The superintendent will use a request for proposal procedure in selecting an auditor.  The administration will cooperate with the auditors.  Annual audit reports will remain on file as permanent records of the school district.

 

 

 

Legal Reference:          Iowa Code § 11.6.

 

 

Cross Reference:          701      Financial Accounting System

                                    707      Fiscal Reports

 

 

 

 

Approved 11/1/2004                             Reviewed 11/16/2009                           Revised 10/18/2021     

                                                                            12/15/2014

                                                                            01/20/2020

                                                                           10/18/2021