Local Government Best Practices Survey

Question Title

* 3. To what extent do you think the OSA should recommend or require local government entities to have a separate audit committee?

All local govs should have a separate audit committee

Only large local govs should have a separate audit committee

The OSA should not recommend separate audit committees, they don't make a difference.

The OSA should only REQUIRE large local govs to have a separate audit committee

The OSA should REQUIRE all local govs to have a separate audit committee

Other (please specify)

Question Title

* 4. What level of skills, knowledge and experience possessed by a local government Finance Director/CFO would most likely prevent or detect fraud?
Rank the following in order of greatest to lease impact.

10 plus year working as a Local Government Finance Director

N/A

Some higher education in accounting

N/A

A bachelors in accounting

N/A

An advanced degree (MAcc, MPA, MBA)

N/A

A CPA licence

N/A

Averages 40 hours of CPE regardless of degree or licence

N/A

Certified Fraud Examiner (CFE) or Certified Internal Auditor (CIA)

N/A

Question Title

* 5. Rate each of the following conditions or controls and their likely positive impact on fraud prevention or detection.

	No impact	Little impact	Moderate impact	Significant impact
Formal Audit Committee	Formal Audit Committee No impact	Formal Audit Committee Little impact	Formal Audit Committee Moderate impact	Formal Audit Committee Significant impact
Internal Audit Function	Internal Audit Function No impact	Internal Audit Function Little impact	Internal Audit Function Moderate impact	Internal Audit Function Significant impact
CFO with high level of knowledge, skills and experience in government accounting or auditing	CFO with high level of knowledge, skills and experience in government accounting or auditing No impact	CFO with high level of knowledge, skills and experience in government accounting or auditing Little impact	CFO with high level of knowledge, skills and experience in government accounting or auditing Moderate impact	CFO with high level of knowledge, skills and experience in government accounting or auditing Significant impact
Board members who have completed the OSA online training for their entity type	Board members who have completed the OSA online training for their entity type No impact	Board members who have completed the OSA online training for their entity type Little impact	Board members who have completed the OSA online training for their entity type Moderate impact	Board members who have completed the OSA online training for their entity type Significant impact
Independent Auditor is rotated at least every 7 years	Independent Auditor is rotated at least every 7 years No impact	Independent Auditor is rotated at least every 7 years Little impact	Independent Auditor is rotated at least every 7 years Moderate impact	Independent Auditor is rotated at least every 7 years Significant impact
Audit committee with a financial expert	Audit committee with a financial expert No impact	Audit committee with a financial expert Little impact	Audit committee with a financial expert Moderate impact	Audit committee with a financial expert Significant impact
CFO and staff have completed OSA online training for their position (contents not currently developed, but will be basic financial concepts and compliance requirements).	CFO and staff have completed OSA online training for their position (contents not currently developed, but will be basic financial concepts and compliance requirements). No impact	CFO and staff have completed OSA online training for their position (contents not currently developed, but will be basic financial concepts and compliance requirements). Little impact	CFO and staff have completed OSA online training for their position (contents not currently developed, but will be basic financial concepts and compliance requirements). Moderate impact	CFO and staff have completed OSA online training for their position (contents not currently developed, but will be basic financial concepts and compliance requirements). Significant impact
At least one member of the financial staff receive a minimum of 40 hours of annual continuing education in government accounting and auditing.	At least one member of the financial staff receive a minimum of 40 hours of annual continuing education in government accounting and auditing. No impact	At least one member of the financial staff receive a minimum of 40 hours of annual continuing education in government accounting and auditing. Little impact	At least one member of the financial staff receive a minimum of 40 hours of annual continuing education in government accounting and auditing. Moderate impact	At least one member of the financial staff receive a minimum of 40 hours of annual continuing education in government accounting and auditing. Significant impact
Entity is current on all financial reporting requirements (OSA, Transparency, Deposit and Investment to Money Management)	Entity is current on all financial reporting requirements (OSA, Transparency, Deposit and Investment to Money Management) No impact	Entity is current on all financial reporting requirements (OSA, Transparency, Deposit and Investment to Money Management) Little impact	Entity is current on all financial reporting requirements (OSA, Transparency, Deposit and Investment to Money Management) Moderate impact	Entity is current on all financial reporting requirements (OSA, Transparency, Deposit and Investment to Money Management) Significant impact
Visible fraud / abuse hotline	Visible fraud / abuse hotline No impact	Visible fraud / abuse hotline Little impact	Visible fraud / abuse hotline Moderate impact	Visible fraud / abuse hotline Significant impact
Written annual ethical behavior pledge by officers and employees	Written annual ethical behavior pledge by officers and employees No impact	Written annual ethical behavior pledge by officers and employees Little impact	Written annual ethical behavior pledge by officers and employees Moderate impact	Written annual ethical behavior pledge by officers and employees Significant impact

Question Title

* 6. Which statement best represents your thoughts on local governments use of a fraud/abuse hotline?

Every local government should have its own hotline, monitored by its own people.

Every local government should just refer to the State Auditor's hotline, none should have their own.

All large entities (>$1M revenue, receiving audits) should be expected to maintain their own hotline, small entities should just refer to the State Auditor's hotline.

Only entities with an independent internal audit function should maintain their own hotline, all others should just refer to the State Auditor's hotline.

Other (please specify)

Local Government Best Practices

Question Title

* 1. Which of the following policies do you think large (>$1M revenue, receiving annual audits) local governments should have in writing?

Question Title

* 2. Which of the following policies do you think all local governments should have in writing?

Question Title

* 3. To what extent do you think the OSA should recommend or require local government entities to have a separate audit committee?

Question Title

* 4. What level of skills, knowledge and experience possessed by a local government Finance Director/CFO would most likely prevent or detect fraud?
Rank the following in order of greatest to lease impact.

Question Title

* 5. Rate each of the following conditions or controls and their likely positive impact on fraud prevention or detection.

Question Title

* 6. Which statement best represents your thoughts on local governments use of a fraud/abuse hotline?

Question Title

* 1. Which of the following policies do you think large (>$1M revenue, receiving annual audits) local governments should have in writing?

Question Title

* 2. Which of the following policies do you think all local governments should have in writing?

Question Title

* 3. To what extent do you think the OSA should recommend or require local government entities to have a separate audit committee?

Question Title

* 4. What level of skills, knowledge and experience possessed by a local government Finance Director/CFO would most likely prevent or detect fraud?Rank the following in order of greatest to lease impact.

Question Title

* 5. Rate each of the following conditions or controls and their likely positive impact on fraud prevention or detection.

Question Title

* 6. Which statement best represents your thoughts on local governments use of a fraud/abuse hotline?

* 4. What level of skills, knowledge and experience possessed by a local government Finance Director/CFO would most likely prevent or detect fraud?
Rank the following in order of greatest to lease impact.