Skip to Navigation
Skip to Main content
OIG Home
OIG Home

IN THIS SECTION

Skip SHARE THIS PAGE section Skip STAY CONNECTED section

Board Report:  February 2, 2007

Applying Agreed-Upon Procedures Statement of Financial Accounting Standards No. 106

  • REPORT SUMMARY

available formats

  • Report Summary

    HTML
  • Full Report:

    PDF

We issued three agreed-upon procedures reports to help Management officials respond to the recommendations made during the 2005 financial statement audit and to assist them in verifying the accuracy of census data files. Specifically, the System's actuary provided census data supporting certain financial statement disclosures for retirement and benefit amounts which we compared to data retrieved from the Board's human resources management system. Our work was conducted in accordance with generally accepted government auditing standards, which incorporate financial audit and attestation standards established by the American Institute of Certified Public Accountants. These standards also provide guidance for performing and reporting the results of agreed-upon procedures.