IC Internal Audit Checklist 8624
IC Internal Audit Checklist 8624
IC Internal Audit Checklist 8624
REQUESTED BY
AUDITOR
REVIEWE ATTACHE
INFORMATION
D D
General ledger
Year-end trial balance and financial statements broken down by net asset class
Schedule of federal awards showing federal awarding agency, pass-through agency, grant number, program name, CFDA number,
award amount, current year expenses, and prior year expenses
List of members of the audit committee, if applicable, or oversight board for the audit
Minutes of meetings of the board of directors and committees, including summary of any board actions that affect the designated and
undesignated fund balances
Personnel manual
Lease agreements
Year-end payroll tax reports, Forms W-2, W-3, and 1099s issued during the calendar year
Outside payroll service report for the fiscal or calendar year end
Detailed list of donations of goods and services, including the number of hours on donated services
Detail of legal fees paid, with the name and address of all attorneys used throughout the year
All paid bills, bank statements, and grant reports for the year
Bank reconciliation should have a complete list of outstanding checks with check number, date, and amount.
Year-end investment summary showing year-to-date transactions and balance of investments held at year-end at fair market value
(FMV) and original cost (FMV at date of donation)
List of grant funds received and receivable, including grant award numbers and funding sources. Extended physical inventory of items
held for resale.
Fixed asset and depreciation schedule, including copies of any documentation relating to donated fixed assets
Reconciliation to support any other asset accounts
List of year-end accounts payable and accrued expenses, such as payroll tax payable and accrued compensated absences