Reference XX
Audit Status Report
Page 1 of 2
Audit Status Report
As of May 27, 2008
State Legislative Audit Activities
Ongoing Activities
Legislative Audit began a group of audits of the University of Alaska in July 2004
that included an analysis of distance delivery education currently used by the
University and whether available technologies are being utilized sufficiently.
After beginning and stopping the distance education section twice, DLA resumed
the audit in December 2007.
DLA anticipates completion of field work during early June and issuance of the
Management Letter in late June/early July.
DLA has been conducting informal findings and recommendations meetings with
various departments that have played a key role in the audit. The purpose of these
meetings is to communicate the findings noted to date, discuss information that may
have an impact on classifying these as findings, and consider recommendations to
resolve the findings.
External Audit Reports & Activities
Final Reports Issued:
FY08-10 Predetermined F&A Rate (DCAA)
UA FY07 A-133 Single Audit (KPMG)
Finding #1: UAF Bristol Bay campus was not in compliance with the TRIOTalent Search program requirement that at least two-thirds of
the individuals served by a talent search project must be lowincome individuals who are potential first generation college
students.
Finding #2: UAS was not in compliance with the TRIO-Student Support
Services program requirement that at least two thirds of the
students served by a Student Support Services project must be
low-income individuals who are the first generation college
students or individuals with disabilities.
Education Trust of Alaska FY07 (PWC)
KUAC FY07 Financial Statements and CPB Report (RJ&G)
Work in Progress:
UAF Bookstore Inventory Observation (Kohler, Schmitt & Hutchison)
UAA Perkins Loan Program Close-out (KPMG)
FY09 Fringe Benefit Forward Pricing Proposal Report (DCAA)
University of Alaska TRS, PERS, and SSA (SOA Department of Administration)
D:\401291292.doc
Audit Committee Agenda: Page 1 of 2
Reference XX
Audit Status Report
Page 2 of 2
FY2008 Annual Audit Plan (Italic Items - have been completed or are in progress)
KPMG External Audit Support
Year-end cutoff
Inventory observation
Cash disbursements & bank transfers
Cash depositories
Auxiliary fund analysis
Unexpended Plant fund addition
Data Integrity
Function and System Reviews
General Controls – in progress, this is an ongoing project
Continuous Controls Monitoring – in progress, this is an ongoing project
UAA
Cash Receipts
ProCard – Report is in-progress
Follow-up Audits – Report is in progress
UAF
Cash Receipts – Field work is partially complete but the audit has been reassigned to a different
auditor due to auditor termination
ProCard – Report is in-progress; pending completion of testwork at one department
Follow-up Audits – Field work is partially complete
UAS
Cash Receipts
Follow-up Audits
Information Systems Reviews
Data Security
Statewide
Cash Receipts –Preliminary field work is in progress
ProCard – Report is in-progress; pending completion of test work at one department
Follow-up Audits
Special Requests
UAF OEM - Complete
Division of Legislative Audit – Distance Education, support provided to DLA as requested
Student Survey
Data Aggregation
Note: At the time of this writing the department is understaffed by two auditors, recruitment is
in progress
Audit Committee Agenda: Page 2 of 2