In accordance with state law, to review the funds and accounts of the school district, the board will employ an independent auditor to perform an annual audit of the financial affairs of the school district. The superintendent will use a request for proposal procedure in selecting an auditor. The administration will cooperate with the auditors. Annual audit reports shall remain on file as permanent records of the school district.
Legal Reference: Iowa Code § 11.6.
Cross Reference: 701 Financial Accounting System
707 Fiscal Reports
Approved: November 1996
Reviewed: January 2018, July 2021
Revised: January 1999
