LOUISIANA GOVERNMENTAL AUDIT GUIDE

LOUISIANA GOVERNMENTAL AUDIT GUIDE

Authorized by Louisiana Revised Statute 24:513

LOUISIANA GOVERNMENTAL AUDIT GUIDE

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User Note The Louisiana Governmental Audit Guide is produced jointly by the Legislative Auditor and the Society of Louisiana Certified Public Accountants, with input from the Louisiana Municipal Association, the Louisiana Police Jury Association, and the Louisiana School Board Association. Revisions are incorporated into the Guide as necessary. This guide has been updated through January 31, 2016.

This material was reproduced in accordance with the standards for state agencies established pursuant to R.S. 43:31. This document is available on the Legislative Auditor's website at lla..

Legislative Auditor Post Office Box 94397 1600 North 3rd Street Baton Rouge, Louisiana 70804 Phone (225) 339-3800 Fax (225) 339-3870

Society of Louisiana Certified Public Accountants 2400 Veterans Boulevard, Suite 500 Kenner, Louisiana 70062-4739 Phone (504) 464-1040 Fax (504) 469-7930

LOUISIANA GOVERNMENTAL AUDIT GUIDE

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Section 100 200

300

TABLE OF CONTENTS

Louisiana Audit Law

111

Penalties

Characteristics of Louisiana Governmental Units

211

State Agencies

212

Retirement Systems

213

Colleges and Universities

214

Judicial Districts

215

Police Juries or Parish Governing Authorities

216

School Boards

217

Special Service Districts

218

Assessor

219

Clerk of Court

220

Sheriff

221

Justices of the Peace and Constables

222

Municipalities

223

City Courts

224

Housing Authorities

225

Hospitals

226

Finance Authorities and Similar Trusts

227

Quasi-Public Agencies

Governmental Auditing

311

Legislative Auditor

312

Organization

313

Authority

314

Penalties

LOUISIANA GOVERNMENTAL AUDIT GUIDE

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Section 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339

TABLE OF CONTENTS

Comprehensive Annual Financial Audit of Louisiana Liaison Special Examinations CPA Audits Engagement Frequency Engagement and Report Enforcement Engagement Approval - Routine Engagements Engagement Approval - Nonroutine Engagements Engagement Completion Compilations in Lieu of Sworn Annual Financial Statements Compilation Engagement Scope and Standards Review/Attestation Engagement Scope and Standards Audit Engagement Scope and Standards Independence School Board Performance Measures Special/Grant Audits Cognizant, Oversight, and Pass-Through Agencies Authoritative Guidance Fraud and Abuse Engagement Delays Report Review Report Release Reissued Reports Audit Engagement Reporting Package Review/Attestation Engagement Reporting Package

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LOUISIANA GOVERNMENTAL AUDIT GUIDE

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Section 400

TABLE OF CONTENTS

340

Findings and Comments

341

Supplemental Disclosures

342

Compliance Auditing

343

Management Letters

344

Withdrawal or Cancellation

345

Principal Auditor

346

Engagement Period

347

Procuring Services

348

Other Functions

349

Audit Committees

350

Audit/Engagement Documentation

351

Management Services

352

Other Engagements

353

Assistance

354

Remedial Action for Findings

355

Desk Reviews

356

Engagement Reviews

357

Revisions

Governmental Financial Reporting

411

State Law

412

Minimum Reporting Requirements for Governments

413

Minimum Reporting Requirements for Component Units

414

Enforcement

415

Supporting Detail

416

Disclosure

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