Main Library Page Policies Index Policy 11
PLATTEKILL PUBLIC LIBRARY
Audit and Review Policy
Adopted: August 13, 2015 Page 1 of 1 Revised 2017:
The Library recognizes the need to have accurate and authoritative financial and procedural documentation available for internal and external review to insure fiscal accountability, efficiency of operations, and public confidence in the institution. Therefore, a schedule of audits and reviews is authorized by resolution as follows:
Audits/reviews may be requested by the Treasurer on an annual basis at a regular meeting of the Board of Trustees.
The Audits may be conducted at least every three years, as the Board approves, based on conditions and finances as they determine necessary. After a maximum period of twelve years, or at the Board’s discretion, a different qualified firm shall be engaged to conduct an audit.
Audits shall be conducted by a firm of CPAs with experience in library auditing.
During the intervening years between audits, a review may be conducted by a CPA.