An important goal for Cincinnati Public Schools' Board of Education is to conduct the financial operations of the district in an efficient, effective and transparent manner. To accomplish this, the Board established an Audit Committee and an internal auditor position, with a commitment to report quarterly to the public on financial management.
The role of the Audit Committee is to assist the Board of Education in ensuring that both external and internal audit functions and other accountability issues receive adequate oversight.
The Audit Committee is comprised of the Board Finance Committee, plus six additional members who are not employees of the school district and are appointed by the Board of Education. The committee meets at least four times a year.
The objective of the Internal Auditor is to assist the Board of Education and district administration in the effective discharge of their responsibilities by furnishing them with recommendations on strengthening internal controls of activities reviewed. The Internal Auditor is responsible for providing reasonable assurance that internal controls are operating the way they are designed to work to support daily operations. The Internal Auditor works with objectivity, being independent from the daily operations to deliver an unbiased viewpoint and fairly assess, with integrity, how processes are working. Auditors provide a valuable perspective by being able to analyze current processes to highlight what is working well and where there is room for improvement.
An internal audit engagement focuses on:
- Effectiveness and efficiency of operations
- Reliability and integrity of financial and operational information
- Safeguarding of assets
- Compliance with state and federal laws
Internal controls are important because they reduce the risk of fraud, prevent loss of funds and resources, and help to ensure that the district meets its goals and operates with integrity. The Internal Audit Charter and the CPS Internal Audit Manual provide more detailed descriptions of the work performed by the Internal Auditor.
The Internal Auditor reports administratively to the Board of Education and functionally to the Audit Committee. This reporting relationship provides the highest level of organizational independence for the internal audit function.
Internal Audit Services Request Process
The purpose of the Internal Audit Services Request process is to provide CPS' stakeholders (i.e. CPS employees/management, parents, students) with equitable access to requesting services from the CPS Internal Auditor. The Internal Audit Services Request Form serves as a template for the originator to provide a high level overview of a district or departmental need that may be satisfied through internal audit resources. This form initiates a standardized decision-making process and facilitates a timely business decision relative to committing resources or not.
To submit a request for Internal Audit services outside the scope of the annual Internal Audit Plan, complete Sections 1 and 2 of the Internal Audit Services Request Form and submit it to Lauren Roberts, CPS' Internal Auditor.
Lauren Roberts, CPA, Internal Auditor
Cincinnati Public Schools
P. O. Box 5381
Cincinnati, OH 45201-5381
Phone: (513) 363-0433