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HomeMy WebLinkAboutResolution 5796-09-2023A Resolution NO. 5796-09-2023 APPROVING PROPOSED FISCAL YEAR 2024 ANNUAL AUDIT PLAN WHEREAS, Section 2-37 of the Fort Worth City Code requires that, at least 30 days prior to the beginning of each fiscal year, the department of Internal Audit submit an annual audit plan to the City Council or its delegatee for review and comment; and WHEREAS, under the City Code the plan is required to be based on (i) requests from City Council, the City Manager's Office, and department heads; (ii) a risk assessment of all City activities which shall be performed by Internal Audit prior to the completion of the annual audit plan; (iii) suggestions from Internal Audit staff based on their knowledge of City activities or observations made during the performance of other audits; and (iv) other relevant criteria agreed to by the City Council or its delegatee and the city internal auditor; and WHEREAS, the City Code requires that the audit plan include a block of unassigned hours to be used to perform special audits, investigations and/or projects requested by the City Council and/or City Manager; and WHEREAS, the attached audit plan was prepared in compliance with and meets the criteria specified by the City Code; and WHEREAS, the attached plan was presented to the Fort Worth City Council on August 29, 2023 for review and comment, and was commented on favorably; and WHEREAS, it is recommended that the attached document be adopted as the annual audit plan for the City of Fort Worth for Fiscal Year 2024; and WHEREAS, as noted in the City Code, the adopted audit plan is subject to review and amendment throughout the year if and as needed to respond to any changes in circumstance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT: The document attached hereto as Exhibit A is hereby adopted and approved as the Annual Audit Plan for the City of Fort Worth for Fiscal Year 2024. Adopted this 12th day of September 2023. ATTEST: By: A,-, P 6�� ----- ---------------- Jannette S. Goodall, City Secretary 4,o��an�n�a ,, of Foj? a Abdo A ° o�y�d 000 oy d 0 or � FORTWORTH. Proposed Annual Audit Plan Fiscal Year 2024 FORT WORT[l STOCK YA*S4;j'-%. ' 1 IAO 0 1 R T F 2 0 2 1 0 H 0 I T Let Us Help You Y 4 Y t f K. Annual Audit Plan Fiscal Year 2024 Page 1 of 14 PURPOSE This Fiscal Year (FY) 2024 Annual Audit Plan (Plan) identifies activities to be conducted by the City of Fort Worth Department of Internal Audit (IA) during the fiscal year 2024. This Plan has been developed to (i) abide by professional standards for the practice of internal audit, and (ii) comply with actions required in Section 2-37 (b)(I) of City of Fort Worth Ordinance 24030-02- 2020, which requires that "....no less than 30 days prior to the beginning of each fiscal year, the department of internal audit shall submit an annual audit plan to the city council....". This Plan is a working document, and as such, the City Auditor may be required to modify this Plan, as deemed necessary in professional judgment, to respond to evolving, unanticipated risks and events as may arise from time to time during the course of the fiscal year; in such cases, the City Auditor shall notify the Audit Committee, timely, of significant modifications. ENTERPRISE -LEVEL COVERAGE Engagements included in this Plan were developed through an annual risk assessment process. Sources used to formulate the Schedule of Activities (identified later in this Plan) consisted of a review of City budgetary, financial and organizational documents, prior internal and external audits, internal audit staffs knowledge of City of Fort Worth and local government operations, and feedback received from the risk survey questionnaire which IA provided to City management during the May -June 2023 timeframe. This Plan includes engagements related to the assessment of operational effectiveness and efficiency, internal controls, compliance with applicable laws, obligations, policies, procedures and regulations, follow-up to prior internal and external audits, and on -going data analysis. The Schedule of Activities identified herein serve to evaluate the design and operating effectiveness of the current system of internal control in place in support of the City's stated mission which includes"... building strong neighborhoods, developing a sound economy, providing a safe community and fostering a healthy environment" and the City's stated objectives including "...building a safe community, making Fort Worth a better place to live, work and play, preserving the past and building the future, providing exceptional customer service." Engagement budgeted hours included in this Plan are based on estimated available IA staff hours during the fiscal year, and this Plan includes unassigned hours allocated to perform special audits, investigations, projects, etc. as may be directed by City Council. Annual Audit Plan Fiscal Year 2024 Page 2 of 14 STANDARD ENGAGEMENT PROCESS Report out to Audit Committee ENGAGEMENT (PRELIMINARY) OBJECTIVES Submit Annual Audit Plan to City Council for approval Engagements proposed for FY2024 are listed, alphabetically, on the following Schedule of Activities. While preliminary engagement objectives are noted, these may evolve once IA has established more familiarity with a department or function being audited, and at such time, potential issues will be identified and the specific engagement -level objectives and methodology will be refined as deemed necessary. By their nature, not all engagements on the Schedule of Activities will result in a published audit report posted to the City's public website. Annual Audit Plan Fiscal Year 2024 Page 3 of 14 Schedule of Activities W New = c. Or Engagement Engagement � Carryover Index Name Preliminary Audit Objective(s) a. Engagement Identifier x 0 from Prior Year Audit Plan Ensure conformance of Internal Audit's practices to Generally Accepted Government Auditing Standards (GAGAS). Audit Quality This engagement requires that periodic assessments occur during the 2024-1 Control year to review auditors' work product and ensure activities and 250 New documentation conform to GAGAS requirements. This Activity is required of auditors by professional standards for the practice of internal audit. Review the design and assess effectiveness of controls with regard to 2024-2 City Hall ongoing contractor and/or vendor selection(s), capital 700 New Relocation investment/operating expenditure approvals and modifications, and project monitoring/reporting to Council. 2024-3 City Owned Review the design and assess effectiveness of controls in place which 600 New Vehicles serve to limit use of city owned vehicles to city authorized activity. Construction Assess whether construction projects were completed in accordance with (Property contract terms and applicable laws. 600 New 2024-4 Management) Construction (Transportation Assess whether construction projects were completed in accordance with 2024-5 and Public contract terms and applicable laws. 600 New Works Crime Control Sample a set of transactions funded by the CCPD to evaluate compliance 2024-6 and Prevention with the District's guiding policies and criteria for permissible 600 New District (CCPD) disbursements. Identify anomalies within City of Fort Worth automated human capital management (HCM) and other applicable systems; results may indicate a 2024-7 Data Analysis further need for an audit, which would be proposed to the Audit 500 New Committee, with a recommendation by City Auditor to amend this Annual Audit Plan at such time. Assess and summarize key issues and current- state workflow practices, Development organizational structure, staffing levels, and technology needs for purpose 2024-8 Services of providing conclusions, recommendations and roadmap to enhance the 700 New efficiency and effectiveness of service offerings. Sample a selection of hardware, and software applications in -use to evaluate the adequacy of controls and security safeguards with regards to Information (i) user identification/authorization, (ii) patch management -updates, (iii) 2024.9 Security incident response plan and incidence response 800 New training/testing/handling/monitoring/reporting, or other as determined by assigned auditor. Annual Audit Plan Fiscal Year 2024 Page 4 of 14 Schedule of Activities W New = Or Engagement Engagement CD Carryover Index Name Preliminary Audit Objective(s) Q Engagement Identifier c from Prior C Year Audit Plan Assess "current state" of a sample set of programs offered and services Library provided in relation to population served, common industry standards Programs and and good business practices for purpose of providing conclusions, 600 New 2024-10 Services recommendations and roadmap to enhance the efficiency and effectiveness of service offerings. 2024-11 Management Action menPlan Follow up on status of management action plans associated with audit 540 New Follow Ups report findings and recommendations from reports issued in prior years. Neighborhood Review sample set of transaction documentation to assess the design Services — and evaluate effectiveness of controls to ensure due- diligence 2024-12 Affordable procedures are in place that may reasonably demonstrate to interested 600 New Housing stakeholders that disbursements are effectively managed. Revenue Evaluate the reasonableness of assumptions and the revenue estimate 2024-13 Estimates for budgeted revenue. 600 New Assess "current state" governance and oversight of City social media strategy and platforms against good business practices and standards, Social Media and evaluate whether controls over user access and 600 New 2024-14 effectiveness/performance monitoring and reporting are in place and functioning. Special As directed by the Mayor, City Council, Audit Committee, and/or as 2024-15 Requ gists requested by the City Manager. 1,903 New Review "current state" talent management lifecycle strategy with focus Talent on the Professional Development, Recruitment, Retention, and Management Succession Planning phases for the purpose of providing conclusions, 700 New 2024-16 Lifecycle recommendations and roadmap to enhance talent management lifecycle activities consistent with good business practices. Annual Audit Plan Fiscal Year 2024 Page 5 of 14 Schedule of Activities 0o New CL Or Engagement Engagement Preliminary Audit Objective(s) cc Carryover Index Name a Engagement Identifier o from Prior Year Audit Plan Building To determine whether existing controls help ensure that building Carry Over- 2024-2023.29 Inspectionsl inspections are completed as required by City policy and applicable 300 Started Not Re -inspections legislation. Completed City Vehicle To determine whether prevention and mitigation strategies are Carry Over- 2024-2023-2 Accident adequate. 310 Started Not Prevention Completed To determine whether construction projects were completed in Construction accordance with contract terms; To determine whether the project Carry-Over- 2024-2023-4 (Transportation was performed in accordance with contract terms and applicable 40 Started Not and Public Works) laws. Completed To determine whether construction projects were completed in Construction accordance with contract terms; To determine whether the project Carry Over• 2024.2023-5 (Water) was performed in accordance with contract terms and applicable was 600 Started laws. Delinquent To evaluate the effectiveness of delinquent account collection efforts; Carry Over- 2024-2023-6 Accounts To identify opportunities to improve collections. 300 Started Not Collection Completed 2024-2023-7 Department Level To evaluate the effectiveness and efficiency of departmental grants Carry Over - Grants management; to evaluate compliance w/grants requirements. 100 Started Not Management Completed Expending of To ensure that transportation impact fees were expended as required Carry Over- 2024-2023-20 Transportation by City policy and applicable legislation. 600 Not Started Impact Fees Inventory To evaluate the effectiveness and efficiency of controls over Carry Over- 2024-2023-8 Controls inventories; To verify general ledger balances. 260 Started Not Completed 2024-2023-9 Operational To evaluate whether preparedness efforts are adequate for the City to Carry Over. Resilience function in an extended emergency. 600 Not Started 2024-2023.10 Ransomware To evaluate the adequacy of the City's security defenses against Carry Over - Preparedness ransomware attacks. 600 Not Started Revenue To determine whether assumptions and the revenue estimate for Carry Over- 2024-2023-11 Estimates budgeted revenue are reasonable. 200 Started Not Completed Annual Audit Plan Fiscal Year 2024 Page 6 of 14 Schedule of Activities W New CL Or Engagement Engagement Preliminary Audit Objective(s) � o- Carryover Engagement Index Name c from Prior Identifier aYear Audit Plan Tree Mitigation To determine the controls in place to ensure that the City collects all Carry Over - 2024.2023-13 Fund tree mitigation fees that should be collected. 600 Not Started 2024-2023-14 Utility Franchise Y To determine whether the City receives all franchise fees due. y 120 Carry Over- Started Not Fees Completed 2024-2023-15 Vendor To verify that the process for adding, changing and removing vendor Carry Over - Management and data is adequately controlled. 600 Not Started Controls TOTAL ANNUAL AUDIT PLAN BUDGET HOURS AVAILABLE 169648 TOTAL ANNUAL AUDIT PLAN BUDGET HOURS ALLOCATED TO ENGAGEMENTS (16J23) RESERVE HOURS FOR UNANTICIPATED INCREASES WHICH MAY BE REQUIRED 525 Annual Audit Plan Fiscal Year 2024 Page 7 of 14 APPENDIX Available Annual Internal Audit Plan Hours Calculation-FY2023 vs. FY2024 Annual Department Budget and Resources — FY2023 vs. FY2024 City Dept. Audit Rotation Cycle History — 5 Yr. History Annual Audit Plan Schedule of Activities Tentative Calendar Annual Audit Plan Fiscal Year 2024 Page 8 of 14 Annual Audit Plan (estimated) Available Budget Hours Calculation-FY2023 vs. FY2024 FY2023 FY2024 CITY OF FORT WORTH 1 1 1 CITY OF FORT WORTH DEPARTMENT OF INTERNAL AUDIT DEPARTMENT OF INTERNAL AUDIT ESTIMATED AVAILABLE HOURS FOR AUDIT PLAN 1 ESTIMATED AVAILABLE HOURS FOR AUDIT PLAN 1 1 Staff Auditors: FTE Audit Hrs 1 Staff Auditors: FTE Audit Hrs Total Available Hours 2,080 1 Total Available Hours 2,080 Less: Holidays (72, t Less: Holidays ' Personal Leave (vacation & sick) (13C, Personal Leave (vacation & sick) ) Training (requirea CPE and CFW) (64 Administrative (240: 1 Training (require E and CFoti) i°�) MilitaryLeave 0 I Administrative' .W) 1,574 9 14,166 1 tuGlitaryLeave 0 1 1,524 8.67 13.213 1 Programmer Analyst: 1 Total Available Hours 2,080 1 1 Programmer Analyst: Holidays (72) 1 Total Available Hours 2,080 Personal Leave (vacation & sick) (130) 1 Holidays - Training (required CPE and CFW) (64) Personal Leave (vacation & sick) (140) Administrative (240) 1 Training (required CPE and CFW) (64) Programming SpecificAT Support (1,000) 1 Administrative (280) 574 1 574 1 Programming SpecfidlTSupport - 1 1,399 1 1,399 1 Audit Manager: 1 Total Hours Available 2,080 1 Audit Manager: Holidays 72) 1 Total Hours Available 2,080 Personal Leave (vacation & sick) (130) 1 Holidays Training (required CPE and CFW) (80) 1 Personal Leave (vacation & sick) 14, Administrative (40%) (660) 1 Training (required CPE and CFIN) 18C 1,138 2 2,276 1 Administrative (45%) 1 852 2 1,704 Asst City Auditor: 1 Total Hours Available 2,080 1 Asst. City Auditor: Holidays (72) I Total Hours Available 2,080 Personal Leave (vacation & sick) (130) Holidays Personal Leave (vacation &sick) (" 1l Training (required CPE and CFW) (80) 1 Training (required CPE and CFIN) 180) Adm inistrative (40%) (832) Administrative(70%) k 4} 966 1 1 332 1 332 1 I Non -Audit 2 1 1 I Nan -Audit 2 <ed Hrs 3 FTE Available for Plan 15 17 982 I Adjusted Hrs & FTE Available for Plan 14.67 16 648 1 1 NOTE: During FY2023 the Department of Internal Audit experienced a high level of staff vacancies (peaking at 47.3%) which caused adverse effects on planned FTE, available audit hours and annual audit plan completion rate. Consequently, many FY2023 engagements were required to be rolled forward into FY2024, as part of this proposed Annual Audit Plan. Page 9 of 14 Annual Department Budget and Resources—FY2023 vs. FY2024 FY 2023 (as published) Salaries & Benefits 1,781,648 1,947,390 1,947,390 2,051,402 104,012 5.34% Gen Operating & Maintenance 152,390 184,057 224,057 286,291 102,224 55.549E General Fund 19.00 17.96 19.00 17.96 FY 2024 (as proposed) Approved Positions 19 Approved Expenses $2,337,683 Approved Positions 18 Approved Expenses $2,523,477 Annual Audit Plan Fiscal Year 2024 Page 10 of 14 City Department Audit Cycle History A goal of IA is to establish a cycle by which operating departments are audited at least once every five (5) years. The following table depicts 5 year history of department cycle rotation. Department FY2020 FY2021 FY2022 FY2023 FY2024 Aviation X Code Compliance X X X Communications & Public Engagement X Development Services (formerly, Planning and Development) X X I X Diversity & Inclusion Economic Development X Financial Management Services X X X X X Fire X Human Resources X X X X X Information Technology X X X X X Library X X Municipal Court X Neighborhood Services X X Park and Recreation X X FW Lab (Formerly Planning and Data Anal ics) X X Police X X X X Property Management X X X X Public Events X Transportation and Public Works X X X Water X X X X Annual Audit Plan Fiscal Year 2024 Page 11 of 14 FY 2024 Annual Audit Plan Schedule of Activities Tentative Calendar* Count Engagement /Activity Name m tD w' 3 Internal Audit Resource - Assignment Scheduled Timeline a .-, � < 00 n c d Q1 o m QZ Q3UICO n`� m m � d� 1 Audit Quality Control 2024-1 Asst. City Auditor 250 2 City Hall Relocation 2024-2 Mike 700 - 3 City Owned Vehicles 2024-3 Sam 600 4 Construction - (Property Management) 2024-4 William 600 5 Construction - (Transportation and Public Works) 2024-5 William 600 6 Crime Control Prevention District 2024-6 Lisa 600 7 Data Analysis 2024-7 Regina Soo 8 Development Services 2024-8 Sr. Auditor - 1 700 9 Information Security 2024-9 IT Auditor Soo 10 Library Programs and Services - 2024-10 Faith 600 11 Management Action Plan Follow Ups 2024-11 All 540 12 Neighborhood Services - Affordable Housing 202412 Treauna 600 13 Revenue Estimates 2024-13 Regina 600 14 Social Media 2024-14 Auditor 600 15 Special Requests 2024-15 All 1,903 16 Talent Management Lifecycle 2024-16 Sam - - 700 17 Building Inspections/Re-Inspections 2024-2023-29 Treauna 300 18 City Vehicle Accident Prevention 2024-2023-2 Sam 310 19 Construction (Transportation and Public Works) 2023-2022-4 William 40 20 Construction (Water) 2024-2023-5 William 600 21 Delinquent Accounts Collection 2024-2023-6 Faith 300 22 Department Level Grants Management 2024-2023-7 Sr. Auditor -1 100 23 Expending of Transportation Fees 2024-2023-20 Mike 600 24 Inventory Controls 2024-2023-8 Mike 260 25 Operational Resilience 2024-2023-9 Lisa 600 26 Ransomeware Preparedness 2o24-2o23-10 Treauna _-- - -- -- -- - 600 27 Revenue Estimates 2027-2023-11 Lisa I 200 28 Tree Mitigation Fund 2024-2023-13 Faith 600 29 Utility Franchise Fees 2024-2023-14 Lisa 120 30 Vendor Management Controls 2024-2023-15 Sr. Auditor - 1 600 Total 16,123 Annual Audit Plan Fiscal Year 2024 Page 12 of 14 *May be subject to change depending on reprioritization and staff availability Staffing and Resource Priorities in FY2024 • Finalize recruitment of three remaining vacant positions at beginning of fiscal year: (i) Senior Auditor, (ii) Auditor, (iii) I.T. Auditor • Completing Annual Audit Plan engagements by end of FY2024: -Operational Target: 75-84% Completion Rate -Performance Target: 85-89% Completion Rate -Aspirational Target: 90%+ Completion Rate • Administer department operational to within or below financial budget assigned • Enhance effectiveness of working relationships with key stakeholders through expanded communication and audit process transparency • Implement AuditBoard workpapers software • Develop a prototype internal controls training curriculum available to city staff upon request • Strengthen staff competencies through 40 hours of continuing professional education in one or more of the following areas: - Systems Thinking (or Thinking in Systems), - Organizational Governance, Risk Assessment and Compliance Management - I.T. Administration and Operations, - Other closely related topic(s) Annual Audit Plan Fiscal Year 2024 Page 13 of 14 FORTWORTR� Prepared by: City of Fort Worth Department of Internal Audit 200 Texas Street Fort Worth, Texas 76102 Phone: 817-392-6158 Fax: 817-392-6133 www.for tworthtexas. aov / internalaudit •• I A • I n T E R n G L A U O l i Let Us Help You Annual Audit Plan Fiscal Year 2024 Page 14 of 14