FROM: Robert Thompson, General Manager
Originator: Wally Ritchie, Director of Finance
SUBJECT:
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INTERNAL AUDIT UPDATE
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GENERAL MANAGER'S RECOMMENDATION
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RECOMMENDATION:
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BACKGROUND
The Orange County Sanitation District (OC San) recently conducted a competitive solicitation and selected the audit firm of Vasquez + Company LLP (Vasquez) to provide internal audit functions. The estimated fees were under the General Manager’s delegated authority, so no action is required of the Committee. However, the staff would like to introduce the selected firm to the Audit Ad Hoc Committee.
RELEVANT STANDARDS
• Conduct audits to determine if OC San operations are being conducted in an economical and efficient manner
• Conduct audits to establish whether specific government programs are effective in meeting their stated goals and objectives
• Conduct audits to determine if OC San is following policies and procedures in conducting operations
ADDITIONAL INFORMATION
OC San issued a Request for Proposal for Internal Auditing Services in June 2024, 8 firms submitted proposals. A team of internal subject matter experts evaluated the proposals, selecting Vasquez as the best fit and value for OC San’s current internal auditing needs.
Key staff from Vasquez will be introduced at the Audit Ad Hoc Committee meeting. Additionally, staff and the auditors will present potential topics for future audit selection.
ATTACHMENT
The following attachment(s) may be viewed on-line at the OC San website (www.ocsan.gov) with the complete agenda package:
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