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.
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.
- Response Type†: 60-Day
- Completion Date: October 2013
- Response Date: December 2013
California State Auditor's Assessment of Status:
†Response Type refers to the interval in which the auditee is providing the State Auditor with their status in implementing recommendations made in an audit report. Auditees must submit a response regarding their progress in implementing recommendations from our reports at three intervals from the release of the report: 60 days, six months, and one year or subsequent to one year.
*Agency responses received after June 2013 are posted verbatim.