Audit reports reveal ongoing financial disarray at Whitman HS

A just-released audit of the Whitman High School Independent Activity Fund reveals multiple account overdrafts and little adherence to the rules for IAF management.

Among the findings of the MCPS internal auditor:

• Contracts with vendors were signed without receiving required authorization from the principal.
  
• Staff members with MCPS-issued American Express cards never filled out the required purchase logs.
  
• Required pre-authorizations for purchases were frequently signed after orders had been placed and payments had been made.
  
• Required documentation for purchases was missing 37 percent of the time.

The new audit report, which covers the period March 1, 2007 to October 31, 2008, is available here.

The audit report for the previous period, January 1, 2006 to February 28, 2007, in which the auditors complain of financial management issues similar to those in the new report, is available here.

A comparison of the two reports reveals little, if any, improvement in financial management practices between the two audit periods.