Auditor General mini logo    Summary

Report Number:

2006-032

Report Title:

Department of Financial Services – Office of Inspector General/Internal Audit Activity – Quality Assessment Review

Report Period:

07/2004-06/2005

Release Date:

09/26/2005

In our opinion, the quality assurance program related to the Office of Inspector General and the internal audit activity, as designed and implemented during the review period July 2004 through June 2005, provided reasonable assurance of conformance to applicable professional auditing standards.  Also, the Office of Inspector General generally complied with those provisions of Section 20.055, Florida Statutes, governing the operation of State agencies’ offices of inspectors general and internal audit activities. 

While not material to overall conformance to professional auditing standards, the internal audit activity can improve its audit management and work processes by preparing an annual risk assessment as required by the International Standards for the Professional Practice of Internal Auditing.

The Chief Financial Officer’s response is included in its entirety at the end of this report as Exhibit A.