Types of Audits
Statewide Single Audit
The statewide single audit is the largest audit of public funds in the state and is performed to comply with the Single Audit Act and Circular A-133, which require an annual audit to be eligible for federal funds.
Comprehensive Annual Financial Report (CAFR)
The objective of the CAFR financial audit is to determine whether the state’s financial statements are presented in accordance with generally accepted accounting principles.
Performance audits identify improvements an agency or program can make to better achieve its objectives and mission.
Information Technology Audits
Information technology audits determine whether the state’s computer systems adequately protect public funds and electronic information, and whether they operate as intended.
Includes financial audits not performed as part of the CAFR audit and informational reports such as the annual Government Waste Hotline Report.