District Audit Reports:
Claims Auditor: The claims auditor reviews all requests for payment
of necessary expenses for the operation of the school district. The
Auditor assumes the powers and duties of the Board of Education in regard
to approving all claims against the District. The claims auditor, an
outside consultant, reviews weekly all invoices processed for payment
by the district business office staff. He reports directly to the Board
of Education. At the organization meeting the Board of Education appointed
Michael Kearns, CPA as the claims auditor for the fiscal year.
External Auditor: External auditors are certified or licensed individuals from independent firms that contract with a school district to perform the annual financial statement audit. The work performed by the external auditor is guided by established professional standards and legal mandates. The external auditors provide the school district with the year-end financial statements. The external auditors may also be consulted to discuss issues such as alternative accounting treatments of specific accounting transactions and new legislative mandates. The Board of Education has appointed Pappas & Company as the external independent auditors of the Jericho Union Free School District for 2006-07. At the September Board of Education Meeting the Independent Auditors, Pappas & Company, will present a report to the Board of Education and to the general public.