State Auditor’s Office (SAO) Audit of Equipment under $2,000
—PHYSICAL INVENTORY—
• SAO selected 70 items to physically locate over the next couple of weeks
• EIO will notify the department administrator and inventory contact by email Thursday
or Friday (8/12, 8/13) if one of your purchases has been selected
• If one of your purchases has been selected, SAO auditor Yen Zhang will be contacting
you to schedule a time to physically view the equipment
It is incredibly important that all of these items are located.
Although we have performed a risk assessment that concludes it is not cost
beneficial for us to inventory these items, SAO disagrees with our
conclusion. If we are unable to locate any of them, the sample size will likely
increase in future years and/or we will be issued a finding and potentially
forced to reassess our current inventory policy.
For questions please contact Erin Fay (erinfay@u.washington.edu)