Specifications include, but are not limited to: 1. Obtain, read, and refer to copies of the external auditor’s management letter for the past three years. 2. Obtain, read and refer to copies of the District’s current Board policies e.g., relative to District finances. 3. Perform an initial risk assessment of district operations including, but not limited to, a review of school district business policies and procedures. 4. Perform an annual review and update of such risk assessment. 5. Prepare a draft of an internal audit plan based on findings from the risk assessment, meet with the Audit Committee to review the audit plan and make adjustments to the audit plan as necessary. 6. Perform Testing and Validation functions. ● Make an independent selection of key controls for testing to assure that controls are appropriate and effective when applied. ● Test the design and operating effectiveness of these internal controls to detect deficiencies.