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Fiscal Oversight Module 1 - New York State School Boards ...

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© 2012 <strong>New</strong> <strong>York</strong> <strong>State</strong> <strong>School</strong> <strong>Boards</strong> Association, Latham NY<br />

Internal Audit Purpose<br />

• To assist the board in ensuring that<br />

financial risks are identified and that<br />

appropriate internal controls are in place to<br />

address these risks<br />

• The internal audit function assists the<br />

board in its oversight responsibility through<br />

its capacity as an objective third party

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