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“Separation of Powers” Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________.

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Presentation on theme: "“Separation of Powers” Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________."— Presentation transcript:

1 “Separation of Powers” Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Ernest A. Almonte CPA, CFE, CGFM Auditor General

2 Background Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Auditor General for the State of Rhode Island Graduate of Bryant College (BSBA and Masters) CPA, CFE, CGFM “Yellow Book” Advisory Committee & Domestic Group American Institute of Certified Public Accountants (GPAC) National State Auditors Association Entrepreneur Homeland Security

3 Office of the Auditor General Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ “Mission Statement” The Office of the Auditor General exists to support the State Legislature and Federal Government in meeting their constitutional responsibilities and to help improve the performance and accountability of government.

4 Office of the Auditor General Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ “Core Values” Integrity Independence Accountability Reliability

5 Management and Staff Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Auditors - 37 Certified Public Accountants - 20 Certified Fraud Examiners - 4 Certified Government Financial Managers - 3 Computer Specialists - 5 Advanced Degrees (Masters) - 7 Strategic Plan CPA Ceremony - (3/40, No. 1)

6 What do we do? Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Financial Statement Audit for the State of Rhode Island Federal Single Audit Performance Audits Agreed upon procedure audits Fraud Audits Oversight on Municipal audits and Municipal Financial Health 5.5% Cap on Property Taxes as it relates to emergency expenditures

7 Oversight/Accountability Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Accountability, Accountability, Accountability Performance Audits Agreed upon procedure audits Use of experts Audit Committees Yellowbook Goals and objectives tied to funding Public Hearings to address audit findings

8 Oversight/Accountability Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Municipality Issues GPRA GAO Comptroller General-Auditor General - defacto Chief Accountability Officer Timely oversight - do not wait until the end of the year Yellowbook - Competency and Independence Auditor General Website - public site with all of our reports- www.oag.ri.gov

9 Oversight/Accountability Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ There has to be a comprehensive approach to oversight: Elected Officials oversight Funding with auditable goals and objectives tied to them Sunset provisions Performance audits and agreed upon procedure audits Audit Committee with a public hearing on findings Financial Audits and Single Audits Audit Risk Analysis Auditor General’s Office involvement

10 Oversight/Accountability Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Total Commitment from me as the Auditor General and our office to help the legislature fulfill its oversight responsibilities.

11 Questions? Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________

12 Contact Information Office of the Auditor General - State of Rhode Island _____________________________________________________________________________________________________________________________________________ ________________________________________________________________________________________________________________________________________________________________________________ Ernest A. Almonte CPA, CFE, CGFM Auditor General 1145 Main Street, Providence, RI 02860-4807 401-222-2435 email: ernest.almonte@oag.ri.gov website: www.oag.ri.gov

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