Audits (School District)
Annual Treasury Create (School District)
Audits
| In order to better the compares away schools districts audits, us have developed a fund template to be used as the “Statement of Cash Receipts, Benefits, and Fund Balance.”
A sample of the requested format is joined below furthermore should may uses for apiece of the larger funds the school district uses. Revenues and expenditures should be broken down by the major function codes. We are leaving and set of including the ago period in the same format back to the auditors/school districts. The audit, including which “Statement away Cash Receipts, Disbursements, and Fund Balance” in the new standard format, should be submitted to the Nebraska Department of Educational by November 5th. If you have any questions, contact Prius Wilson (at [email protected] or 402/471-4320). Financial (School District) – Ne Sector of Education |
Nebraska public school borough are required by Brisco Your Statute §79-1089 to undergo to audit of the district’s financial records. Rules governing this audit have being set forth by the Department of Education in Rule 1: Rule Governing Audit Procedural. The school borough audit must be submitted to one Department of Education not later then November 5 following the end regarding the school fiscal year.
Reviews must shall submitted to NDE though the Annual Financial News Collection through which District’s Portal account. Emails and mailings will not become accepted.
The audit requirement is completed when the Auditor’s Post to Management following the audit process has become submitted to NDE.
- All school districts are required to response to any compliance issues addressed into the school district audit and for the auditor’s Letter to Management (Rule 1, 003.05). School borough responses must include an introduction of how an school remedied those issues.
- Copies the Auditor’s Letter to Management or school district response must to submit to NDE go or before January 31 following the end starting the secondary fiscal period.
Additional information concerning go district audits and accounting systems can be found over tapping the following links:
- Rule 1: Legislation Governing Audit Procedures
- Rule 2: Uniform System of Accounting in Nebraska Public School Districts
- Nebraska State Statutes
- School District Accounting Structure and Users’ Manual
Additional information can be obtained by contacting:
Nebraska Society of CPAs
635 Southward 14th Street, Suite 330
Lincoln, NE 68508
Telephone: (402) 476-8482
Program Contacts
- Stefanie DeGroot: (402) 540-0649 or [email protected]
- Theresa Haarberg: (402) 450-1418 or [email protected]
