PROVIDING SCHOOL DISTRICTS WITH AUDIT RESULTS AND RECOMMENDATIONS TO IMPROVE THEIR OPERATIONS, BALANCE THEIR PRIORITIES, AND MANAGE THEIR RESOURCES
With the current media attention and changing regulations surrounding school districts, there is increasing pressure to ensure that key controls are implemented in all the fiscal and operational components of a district. Today, school districts and their operation are scrutinized by residents who demand transparency and prudent oversight. Unfavorable press coverage could be seriously detrimental to a district's annual budget.
Very few state-funded entities operate under the public microscope to quite the same degree as school districts. Prudent financial management is essential; managing resources effectively means eliminating wasteful spending while balancing a multitude of equally important competing priorities. Add mandated services, retirement, and healthcare expenses to the mix, and the pressure school districts face is immense.
With our guidance, school districts have tightened controls and saved money by streamlining operations and uncovering fiscal and operational errors. Our recommendations and follow-up have given our clients a clearer understanding of risk and motivated them to identify other areas of opportunity for improvement.
MSL has extensive knowledge in systems analysis and process improvement and a comprehensive understanding of school district operations. Our approach to working with school districts is not a one-size-fits-all formula; we take the time to understand the unique nuances of operations, so we can tailor our testing to provide the greatest results and benefit.
We coordinate our efforts with any other auditors working with the district to develop an integrated effort, so that testing levels are efficient, and the information is shared for more in-depth results.
- Claims Auditing Services
- Internal Audit Services
- Financial Consulting
- Reviews and Modifications of School District Policies and Procedures Manuals
- Operational and Internal Control Reviews
- Internal Controls Recommendations