Special Audit Testing Requirements. 3.1. It is essential that the audit firm test the ELC’s monthly reconciliation of its financial records to the SSIS. As an alternative, and upon written authorization from DEL, the auditors may test acceptable equivalent alternative supporting documentation files of the ELC, if temporary transitioning SSIS system functionality issues occur. To report on the audit tests performed, the auditor must include a statement in the Schedule of Findings and Questioned Costs confirming the following: (a) the ELC staff performs this reconciliation monthly; (b) the ELC has processes in place to identify and correct errors noted during the monthly reconciliation process; and (c) the ELC’s financial records and the SSIS records (or acceptable equivalent documentation files tested/audited upon issuance of written authorization from DEL) were reconciled and in agreement as of the annual program year end (June 30). Finally, a statement must be included to indicate that the auditor's work papers include documentation to verify tests of these tasks were performed and such work papers are available for review by DEL staff upon request.
Special Audit Testing Requirements. 3.1. It is essential that the audit firm test the Contractor 's monthly reconciliation of its financial records to the Single Statewide Information System (SSIS). The auditor must include a statement in the Schedule of Findings and Questioned Costs confirming the following: (a) that the Contractor staff performs this reconciliation monthly; (b) that the Contractor has processes in place to identify and correct errors noted during the monthly reconciliation process; and (c) the Contractor's financial records and the SSIS records were reconciled and in agreement as of the annual program year end (June 30th). Finally, a statement must be included to indicate the auditor's work papers include documentation to verify tests of these tasks were performed and such work papers are available for review by OEL/ELC staff upon request.
Special Audit Testing Requirements. 3.1. It is essential that the audit firm test the Coalition's monthly reconciliation of its financial records to the Single Statewide Information System (SSIS). The auditor must include a statement in the Schedule of Findings and Questioned Costs confirming the following: (a) that the Coalition staff performs this reconciliation monthly; (b) that the Coalition has processes in place to identify and correct errors noted during the monthly reconciliation process; and (c) the Coalition's financial records and the SSIS records were reconciled and in agreement as of the annual program year end (June 30th). Finally, a statement must be included to indicate the auditor's work papers include documentation to verify tests of these tasks were performed and such work papers are available for review by OEL staff upon request.
