To comply with the City Charter and Texas State Law, every year an independent audit is performed on the book of accounts, records and transactions of all the administrative departments of the City.  The independent external auditors also take a macro-perspective overview of the processes, procedures, and timeliness in place within the Division. The added benefit of these mechanisms include timely and accurate processes, procedures, and effective internal controls. Management is responsible for maintaining an effective system of internal controls over financial reporting to deliver accuracy, objectivity and transparency. The independent external auditor forms an opinion on whether the financial statements are prepared, in all material respects, in accordance with Generally Accepted Accounting Principles (GAAP).  Zero audit findings will help to ensure that the City receives an unmodified (clean) opinion.

In accordance with Generally Accepted Auditing Standards (GAAS) in the United States and Texas State Law, the independent external auditor is required to consider the City's internal control over financial reporting.  In a GAAS audit, control deficiencies and instances of noncompliance are communicated to management and the governing body (City Council) in the Single Audit Report. Thus, the Single Audit Report is the source of independent external audit finding(s) and can be accessed in the Financial Reports section of the City website, along with the City’s Comprehensive Annual Financial Report. This is reported on or before March 31st for the prior fiscal year. 

Number of Independent External Audit Findings.