Report Covers 4.24

… n procedures for fiscal year ended june 30, 2022 The books and records are kept in accordance with generally accepted accounting principles and are reconciled with the various bank accounts. In the performance of the agreed upon procedures, AOA o …

… bserved four out of the ten agreed-upon procedures were not fully in conformance with the State of Delaware Budget and Accounting Policy Manual (BAM) as follows: Policy and Procedures: OST written policy and procedures including internal controls …

… onciliation team reconciles the collections and disbursements recorded with banks with what is recorded in the state’s accounting system (First State Financials). The team ensures the total amounts are accurately recorded in both systems. OST was …

… Abbreviations: AOA Office of Auditor of Accounts BAM Delaware Budget and Accounting Manual FSF First State Financials FY Fiscal Year OST Office of the State Treasurer TRA Treasurer’s Reconciliat …

… FSF First State Financials FY Fiscal Year OST Office of the State Treasurer TRA Treasurer’s Reconciliation to Accounting The mission of the Delaware Office of Auditor of Accounts The Delaware State Auditor serves Delawareans by ensur …

… s: • All Quarters – JP Morgan account “ARPA Funds State Share” was reconciled on the Treasurer’s Reconciliation to Accounting spreadsheet (TRA) but was not added to the DGL046 report due to a lack of financial activity in the state’s accountin …

… ccounting spreadsheet (TRA) but was not added to the DGL046 report due to a lack of financial activity in the state’s accounting system. The bank account has an ending balance of zero for each quarter end of FY 2022. Management stated that new ac …

… ovember, 2022. • Quarters 3 and 4 –- One Fidelity Bond Account reconciled on the Treasurer’s Reconciliation to Accounting spreadsheet (TRA) was opened in March 2022 with a bank balance of $260,004,474.83. The account did not appear in the …