Report 2013-107 Recommendation 4 Responses

Report 2013-107: Accounts Outside the State's Centralized Treasury System: Processes Exist to Safeguard Money, but Controls for These Accounts Need Strengthening (Release Date: October 2013)

Recommendation #4 To: Treasurer, State

Within the next six months, the state treasurer should develop policies and procedures to maintain a list of all outside accounts and reconcile its list annually with the state controller's list.

60-Day Agency Response

We have updated our policies and procedures to reflect the new requirements recommended by the State Auditor relative to developing a list of all outside accounts and to reconcile annually with the State Controller's Office.

We have developed a list of all report 14 recieved from state agencies even those that do not have a bank account outside the Centralized Treasury. We have also reconciled our list with that of the State Controller's and we will continue to do so on an annual basis.

  • Completion Date: October 2013
  • Response Date: December 2013

California State Auditor's Assessment of 60-Day Status: Fully Implemented

All Recommendations in 2013-107

Agency responses received are posted verbatim.