Specifications include, but are not limited to: The successful respondent to this RFQ shall provide internal audit services as deemed necessary by the President of the District during the contract term. These services might include but are not limited to the following: x Audit designated internal processes or procedures as requested by the President. Test the reliability and integrity of financial and operating information systems used to identify, measure, classify, and report such information. x Test compliance with applicable laws and regulations of federal, state and local grants and contracts. The audit will include examination of transactions per the appropriate audit guide requirements in order to ascertain whether specific programs are being properly administered and whether transactions fall within the guidelines; test the District's internal control over compliance with requirements that could have a direct and material effect on the programs, and report on the internal control and compliance with the applicable rules and regulations. x Perform a review of and test internal controls over access to the Ellucian Higher Education Banner® Enterprise Resource Planning (ERP) system. With the implementation of the integrated system, all modules are interconnected and with this interconnectivity comes the possibility of accessing multiple systems and thereby the increased risk of a person inappropriately affecting more areas if controls are not adequate. With respect to financial information, test that security is adequate to safeguard the District’s assets...
