State Auditor's Report on Accountability for Public Resources
In response to cuts in the state audit revolving fund, in 2011 the State Auditor's Office (SAO) established a new framework for state accountability audits. Using a statewide risk assessment and planning process, SAO shifted their focus to auditing and reporting on significant statewide issues, rather than individuals agencies. Statewide issues may include, for example, benefit payments, grants and purchase cards.
Accountability Audits under the new Statewide Accountability framework that included WSDOT:
Visit the State Auditor's Office website for further information on Accountability or Other Audits.
The Office of Financial Management (OFM) establishes and maintains the state accounting, regulations, procedures, records, and reports that promote sound business practices while providing accurate financial reporting.
OFM's Statewide Accounting Team is responsible for working with state agencies and national accounting standard-setting organizations to assure Washington State is in compliance with Generally Accepted Accounting Principles (GAAP) and the latest accounting standards.
In accordance with state and federal requirements, the Statewide Accounting Team prepares the following reports, which includes audits of WSDOT:
Statewide Comprehensive Annual Financial Report (CAFR)
The State Auditor’s Office performs an annual audit of the statewide basic financial statements, as required by state law (RCW 43.09.310). Their opinion on those financial statements are included in the Comprehensive Annual Financial Report (CAFR) prepared by and available from the Office of Financial Management (OFM). The annual reports are available at OFM's website.
Statewide Single Audit (SWSA)
The State Auditor's Office also reviews federal programs administered by WSDOT, in accordance with the Single Audit Act. The results of that audit work are included in the Statewide Single Audit Report (SWSA), issued by the Office of Financial Management (OFM). The annual reports are available at OFM's website.
For more information on Accountability or Other Audits on WSDOT, please contact:
Steve McKerney Jesse Daniels
Director of Internal Audit External Audit Liaison
(360) 705-7004 (360) 705-7035