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HomeMy WebLinkAbout(0007) Proposed FY2021 Annual Audit Plan.pdfFORT WORTH CITY OF FORT WORTH DEPARTMENT OF INTERNAL AUDIT Proposed FY2021 Annual Audit Plan Purpose The purpose of the FY2021 Annual Audit Plan is to outline audits and other activities the Department of Internal Audit proposes to conduct during the fiscal year. The Plan is developed to satisfy applicable auditing standards and responsibilities established by Section 2-134 (b) of the Fort Worth City Code. The Plan is a working document in that the City Auditor may make changes to the Plan, as deemed necessary in professional judgment, to reflect changing risks. However, the Audit Committee will be notified of any significant additions, deletions, or other changes. Audit Coverage Audits included in the FY2021 Annual Audit Plan were identified through a general risk assessment. Sources used to identify the audit population primarily consisted of a review of City budgetary, financial and organizational documents, prior internal and external audits, internal audit staff s knowledge of City of Fort Worth and local government operations, and feedback from the Mayor and City Council and management. Risk factors taken into consideration included: 1) liquidity of assets; 2) potential for negative publicity; 3) organizational, operational and/or technological changes; 4) extent of laws and regulations; and 5) time since last audit/prior audit results. The Audit Plan includes audits related to operational effectiveness and efficiency, internal controls, compliance with applicable laws, policies and procedures and regulations, follow-up to prior internal and external audits, and on -going data analysis. Audits included in the FY2021 Annual Audit Plan are based on estimated available audit staff hours, and staff expertise. The Audit Plan also includes a total of 1,200 unassigned hours that have been set aside to perform special audits, investigations, projects, etc. as directed by the Mayor, City Council, Audit Committee and/or as requested by the City Manager. Proposed FY2021 Annual Audit Plan Page 1 of 11 Internal Audit Process Audit Obiectives Audits for FY2021 are listed, alphabetically, on the following pages. While general audit objectives are noted, these objectives may change once staff has established more familiarity with the department and/or function. At that time, potential issues will be identified and the specific audit objectives and methodology will be developed as deemed necessary. Proposed FY2021 Annual Audit Plan Page 2 of 11 Audits ActiveNet Software Revenue Estimates Construction Special Requests Delegation of Financial Signing Authority Street Light Repairs and Maintenance Donations Transportation Impact Fees Facility Maintenance Co— Volunteer and Intern Recruitment Program Payroll Adjustments and Corrections Data Analysis (On -Going) olice Response TimijennWrM Follow -Up Audits (On -Going) Remote Access Security Carry -Over Audits Criminal Warrant Process Healthspace (Health Inspections) Software PeopleSoft Procurement Software (Requisitioning and Purchase Order Process) Proposed FY2021 Annual Audit Plan Page 3 of 11 Follow -Up Audits Accounts Payable Police Unclaimed Funds Construction Responsible Authority Revenue Audit Cybersecurity Sales Tax Paid by the City of Fort Worth Facility Rentals — Park and Recreation Service Center Operations Gas Utility Expense Treasury Operations Employer Healthcare Expenses Vendor Access Controls Late Fees Paid by the City of Fort Worth Water Field Operations Inventory On -Line Payment Reconciliations Proposed FY2021 Annual Audit Plan Page 4 of 11 MAYOR AND COUNCIL STRATEGIC GOALS Strong Aladit/Projed Preliminary Audit Objedive(s) Economc Base/Future Clean, womorce Nobility Safest Orderly & Attractive Dev./Job &Air Major Sustainable City unities Cluality City I I DeMopmt To evaluate internal controls within the recreation management software; To ActiveNet Software determine whether existing controls X ensure accountability for facility rental revenue To determine whether construction projects are being completed in Construction accordance with contract terms; To X X X X X ensure compliance with applicable legislation Criminal Warrant To evaluate the City's processing of X X Process criminal warrants To determine whether delegated authority for specific transactions (e.g., type and dollar thresholds) is explicit in reference to who has been granted the specified authority and at which Delegation of specific dollar threshold; To determine Financial Signing whether delegated authority is X Authority appropriate; To evaluate configuration of automated forms used to grant approval authority; To ensure retention of authorizing records; To determine whether transactions were approved as authorized To ensure that monetary donations are Donations expended for the specified intent (e.g., X homebound and isolated seniors and water assistance program) Facility To determine maintenance costs associated with recently built and/or X X X X Maintenance Costs renovated buildings Proposed FY2021 Annual Audit Plan Page 5 of 11 MAYOR AND COUNCIL STRATEGIC GOALS Strong Audit/Project Preliminary Audit Objedive(s) Economc Base/Future Clean, womorce Nobility Safest Orderly & Attractive Dev./Job &Air Major Sustainable EL city Opportunities Cluality city Developmt To evaluate internal controls within the Healthspace (Health City's public health software; To determine whether existing controls X X X X X Inspections) Software ensure accountability for health inspection revenue To determine whether payroll adjustments and corrections were Payroll Adjustments supported and in compliance with City X and Corrections policy; To determine whether payroll adjustments and corrections were timely PeopleSoft To evaluate internal controls related to Procurement the process for requisitioning and X X X X X Software ordering goods and services To evaluate the timeliness in which the Police Response Time Fort Worth Police Department responds X X X X X to citizens' calls To determine whether the City has internal controls that ensure risks related to remote working are Remote Access minimized, and to evaluate the X X Security effectiveness and efficiency by which those controls would provide secure connectivity between network and remote computer assets To evaluate the City's process for estimating revenue and to conclude as X Revenue Estimates to whether revenue assumptions seem reasonable As directed by the Mayor, City Council Special Requests or Audit Committee, and/or as X X X X X requested by the City Manager To determine whether the City has an up-to-date street lights inventory listing; To ensure that street light repairs and maintenance are completed Street Light Repairs in a timely manner; To evaluate the X X X X and Maintenance process by which street light repairs are prioritized; To determine whether there is a clear line of responsibility regarding light repairs over City versus state- owned roads and highways Proposed FY2021 Annual Audit Plan Page 6 of 11 MAYOR AND COUNCIL STRATEGIC GOALS AudiVProject Preliminary Audit Objective(s) Strong Economic Base/Future Clean, Vftworce Mobility Safest Orderly & Attractive DevJJob &Air Major Sustainable city Opportunities CmWity city Development To evaluate the effectiveness by which Transportation impact fees are imposed and collected X X X X X Impact Fees to mitigate development -related transportation costs Volunteer and Intern To evaluate the effectiveness by which Recruitment the City recruits, utilizes and/or X X X Program compensates volunteers and interns Accounts Payable To determine the implementation status X Follow -Up of prior internal audit recommendations Construction Follow- To determine the implementation status X X X X X Up of prior internal audit recommendations Cybersecurity To determine the implementation status X Follow -Up of prior internal audit recommendations Employer Health To determine the implementation status X Expenses Follow -Up of prior internal audit recommendations Facility Rentals (Park and To determine the implementation status X X Recreation) Follow- of prior internal audit recommendations Up Gas Utility Expense To determine the implementation status X Follow -Up of prior internal audit recommendations Proposed FY2021 Annual Audit Plan Page 7 of 11 MAYOR AND COUNCIL STRATEGIC GOALS Audit Preliminary Audit Objective(s) Strong Economic Base/Future Clean, Vftworce Mobility Safest Orderly & Attractive DevJJob &Air Major Sustainable city Opportunities CmWity City Development Late Fees Paid by the To determine the implementation status City of Fort Worth of prior internal audit recommendations X Follow -Up On -Line Payment To determine the implementation status Reconciliations of prior internal audit recommendations X Follow -Up PeopleSoft Procurement Software To determine the implementation status X X X X X (Requisitioning and of prior internal audit recommendations Purchase Order Process) Follow -Up Police Unclaimed To determine the implementation status X X Funds Follow -Up of prior internal audit recommendations Responsible To determine the implementation status X Authority Revenue of prior internal audit recommendations Follow -Up Sales Tax Paid by the To determine the implementation status X City of Fort Worth of prior internal audit recommendations Follow -Up Service Center To determine the implementation status Operations Follow- of prior internal audit recommendations X X Up Treasury Operations To determine the implementation status X Follow -Up of prior internal audit recommendations Proposed FY2021 Annual Audit Plan Page 8 of 11 MAYOR AND COUNCIL STRATEGIC GOALS Preliminary Audit Objective(s) Strong Economic Base/Future Clean, Vftworce Mobility Safest Orderly & Attractive DevJJob &Air Major Sustainable city Opportunities CmWity City Development Vendor Access To determine the implementation status X Controls Follow -Up of prior internal audit recommendations Water Field Operations Inventory To determine the implementation status X X X X X Follow -Up of prior internal audit recommendations On -Going Data Analysis The FY2021 Annual Audit Plan also includes on -going data analysis to identify anomalies: 1) within City of Fort Worth automated systems and 2) between City and third parry (e.g., Texas State Comptroller) data. On -going data analysis also includes tasks such as analyzing general ledger activity, conducting trend analysis, etc. Results that indicate a need for an audit will be presented to the Audit Committee, with a recommendation to amend the Annual Audit Plan. Audit Cycle An objective of the Department of Internal Audit is to establish a cycle that ensures each operating department is audited at least once every five (5) years. The following table depicts our plan to accomplish this objective. Proposed FY2021 Annual Audit Plan Page 9 of 11 Department FY2017 FY2018 FY2019 FY2020 FY2021 Aviation X Code Compliance X I X I X Communications & Public Engagement Mi X Development Services (formerly, Planning and Development) N/A N/A N/A N/A X Diversity & Inclusion N/A N/A N/A N/A Economic Development X X X Financial Management Services X X X x X Fire X X Human Resources X X X Information Technology I X X Library X Municipal Court I X X X Neighborhood Services I X Park and Recreation X I X X Performance and Budget X N/A Planning and Data Analytics (formerly, Performance and Budget) N/A N/A N/A N/A X Planning and Development X N/A Police X I X X X Property Management X X X Public Events X X Transportation and Public Works x X x X Water X X Based on actual or anticipated audit report release dates City -Wide Audits Asset Verifications Delegation of Financial Signing Authority Delinquent Account Collections ERP II Post -System Implementation Equipment Leases Fixed Asset Dispositions Gas Utility Billings Grants Management Late Fees Paid by the City of Fort Worth Overtime Usage and Controls Revenue Collection Process Sales Tax Paid by the City of Fort Worth Telephone Expense Travel & Training Expense Reporting Tuition Reimbursements Vendor Access Control Proposed FY2021 Annual Audit Plan Page 10 of 11 Prepared by: Department of Internal Audit 200 Texas Street Fort Worth, Texas 76102 Phone: 817-392-6158 Fax: 817-392-6133 www.fortworthtexas.gov/internalaudit Proposed FY2021 Annual Audit Plan Page 11 of 11