Week 4 Part 5 Comment
The Annual External Financial Audit is a way to involve all of the stakeholders
in the district. It also keeps the financial side of the district very
transparent. The auditors are used as a nonpartisan entity to make sure the
school district is maintaining financial responsibility with the tax payers’
money. These audits can also help a district identify any areas of weakness or
concern that may have been overlooked. With all of the laws and regulation that
a school district is faced with it is nice to have an extra set of eyes looking
over things. It provides a good check and balance system for a school district.
I would hate to see school districts operate without an annual audit.
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