In accordance with state law, to review the funds and accounts of the school district, the board shall employ an independent auditor to perform an annual audit of the financial affairs of the school district. The superintendent shall use a request for proposal procedure in selecting an auditor. The administration shall cooperate with the auditors. Annual audit reports shall remain on file as permanent records of the school district.
Legal Reference: Iowa Code § 11.6 (2013).
Cross Reference: 701 Financial Accounting System
707 Fiscal Reports
Approved 1/10/72 Reviewed 6/20/18 Revised 10-19-22
