Results of Bank Account Audit at EWDD

The Controller’s Office has completed an audit of the Economic and Workforce Development Department’s (EWDD or Department) six bank accounts not controlled by the City Treasurer to determine whether EWDD uses these accounts in accordance with their authorized purposes and whether there is adequate oversight of these bank accounts. We also conducted a surprise cash count on June 16, 2015 to ensure that collections and authorized petty cash funds were properly accounted for and that adequate controls were in place over these funds.