The Monroe City School Board shall require all financial records and accounts, including business transactions, of the school district and each school to be audited.  The audit of selected accounts shall be conducted by the office of the Legislative Auditor of the State of Louisiana or a Board-appointed independent auditor in conformance with prescribed standards and legal requirements.   Upon completion, the audit findings shall be presented to the Board for examination.


Other financial audits shall also be made upon the transfer, resignation, or dismissal of personnel responsible for receiving and disbursing school funds, or whenever, in the opinion of the Board or Superintendent, a financial audit is deemed advisable.  Internal auditors, a certified public accountant or a reputable accounting firm shall conduct such audits as necessary.


All audits shall be conducted and filed in accordance with statutory provisions.  Should any error or discrepancies be found as a result of any audit, those personnel found responsible of such error may be subject to disciplinary action, up to and including termination.



Ref:     La. Rev. Stat. Ann. ยงยง17:81, 17:196, 17:443, 24:513


Monroe City School Board