Key to an Effective Red Book Shop JUAN R PEREZ, CHIEF OF AUDITS COUNTY OF SAN DIEGO MARCH 9, 2016

Session Objective  To provide an overview of the County's approach for implementation of best practices to ensure effectiveness of the internal audit function.

Environmental Scan UNDERSTAND THE INTERNATIONAL PROFESSIONAL PRACTICES FRAMEWORK THE ROLE OF INTERNAL AUDITS IN THE ORGANIZATION ASSESS THE ORGANIZATION'S RISK ENVIRONMENT

County of San Diego Org Chart

County of San Diego Org Structure Auditor & Controller  Administration  Administrative Services  Information Technology Mgmt Services  Financial Accounting and reporting  Property Tax Services  Accounts Payable  Payroll  Projects, Revenue & Grants Accounting  Office of Audits & Advisory Services  Office of Revenue & Recovery Chart of Accounts  High Org Fund Identifiers =  786  Org =  4,675

Business Planning WORK WITH AUDIT COMMITTEE/ EXECUTIVE MANAGEMENT/ PEERS/ STAFF TO IDENTIFY MAJOR ISSUES PREPARE A FORMAL RISK ASSESSMENT DEVELOP A SHORT-TERM AND LONG-TERM STRATEGIC PLAN MARKET THE AUDIT FUNCTION CONDUCT CUSTOMER SATISFACTION SURVEYS

Measure Results DEVELOP A ROBUST AUDIT REPORT FOLLOW-UP PROCESS EVALUATE ISSUE RESOLUTION AND CORRECTIVE ACTION TAKEN BY MANAGEMENT TRACK AND REPORT RECOMMENDATION IMPLEMENTATION RATE AS A KEY PERFORMANCE INDICATOR

Third Party and Peer Reviews USE OF THIRD PARTIES TO CONDUCT AUDIT WORK SCHEDULE EXTERNAL PEER REVIEWS EVERY FIVE YEARS

Balanced Audit Activities PERFORMANCE/ OPERATIONAL AUDITS CONTRACT AUDITS IT AUDITS PERFORMANCE MEASURES AND/OR BEST PRACTICES CONTINUOUS MONITORING

Business Process Activities FACILITATE OR PARTICIPATE IN ORGANIZATIONAL INITIATIVES TO STREAMLINE OPERATIONS EDUCATE/ FACILITATE/ EQUIP DEPARTMENTS FOR SELF-ASSESSMENT OF RISKS

Use of Automated Audit Tools LEVERAGE AUTOMATED TOOLS FOR: AUDIT SAMPLING WORK PAPER FORMATS WORK PAPER FILE SYSTEMS AUDIT TIME REPORTING

Mandated Activities DEPARTMENT HEAD TRANSITIONS MONITOR AND COORDINATE EXTERNAL AUDIT ACTIVITY GRAND JURY AUDIT SERVICES MONITOR AUDITS OF EXTERNAL ENTITIES (SPECIAL DISTRICTS AND JOINT POWERS AUTHORITIES)

The Key to an Effective Red Book Audit Shop is.... PEOPLE