Annual Audit

Education Code 44.008(a), (b)

Audit Requirements and Procedures

Independent Auditor

Be associated with a certified public accountancy (CPA) firm that has a current valid license issued by the Texas State Board of Public Accountancy;

Be a certified public accountant with a current valid license issued by the Texas State Board of Public Accountancy, as required under Education Code 44.008; and

Adhere to the generally accepted auditing standards (GAAS), adopted by the American Institute of CPAs (AICPA), as amended, and the generally accepted government auditing standards (GAGAS), adopted by the U.S. Government Accountability Office, as amended.

Be a member of the AICPA Governmental Audit Quality Center (GAQC);

Adhere to GAQC's membership requirements; and

Collectively have the knowledge, skills, and experience to be competent for the audit being conducted, including thorough knowledge of the government auditing requirements and:

Texas public school district environment; or

Public sector; or

Nonprofit sector.

19 TAC 109.23

Financial Accountability System Resource Guide

Filing of Report

Financial Records

Financial Accountability Rating System

Data Reviewed

Audited financial data in a district's annual financial report, the audited annual report required by Education Code 44.008.

PEIMS data submitted by a district.

Warrant holds as reported by the comptroller.

The average daily attendance information used for foundation school program purposes for a district.

19 TAC 109.1001(d)

Basis for Rating

Types of Ratings

19 TAC 109.1001(h)–(j)

Issuance of Ratings

19 TAC 109.1001(k)

Annual Audit of Dropout Records

Education Code 39.308(a)–(c)

Union Hill ISD



DATE ISSUED: 2/12/2017