State of Wisconsin
Legislative Audit Bureau
December 17, 2010
The Honorable, The Legislature:
We have completed our financial audit of the State of Wisconsin as of and for the fiscal year ended June 30, 2010. The State's financial statements, and our unqualified audit opinion on them dated December 10, 2010, were included in the State's Comprehensive Annual Financial Report, which can be found on the Department of Administration's Web site.
During the course of our audit, we identified internal control concerns that are required to be reported under Government Auditing Standards. The enclosed management letter includes our report on internal control over financial reporting and on compliance. In that report, we make recommendations for various state agencies to improve their financial reporting and to strengthen internal controls, including those over security of computer programs and electronic data. The management letter was provided to the Department of Administration and to other agencies to which we made recommendations for improvement. We will follow up during next year's audit to determine the extent to which state agencies have addressed these concerns.
In addition, early next year, we plan to report to the Joint Legislative Audit Committee certain budgetary accounting concerns identified during our audit.
We appreciate the courtesy and cooperation extended to us by the Department of Administration and other state agencies during the audit.
Sincerely,
janice mueller
State Auditor
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State of Wisconsin
Legislative Audit Bureau
December 17, 2010
The Honorable, The Legislature:
We have completed a financial audit of the State of Wisconsin Educational Communications Board (ECB) Radio Network to meet our audit requirements under s.
13.94, Wis. Stats., and as requested by ECB to fulfill the audit requirements of the Corporation for Public Broadcasting. The Corporation requires audited financial statements of public broadcasting entities to determine future funding levels.
ECB, which is an agency of the State of Wisconsin, operates a radio network of 14 FM stations and 1 AM station, as well as a television network of 5 digital stations. The ECB Radio Network reported $11.2 million in support and revenue during fiscal year 2009-10, including state support, member contributions, funding from the Corporation for Public Broadcasting, and various other grants.
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Our audit report contains the ECB Radio Network's financial statements and related notes as of and for the periods ending June 30, 2010, and June 30, 2009. We were able to issue an unqualified independent auditor's report on these statements. However, our report on internal control and compliance includes recommendations that ECB implement additional steps to simplify its financial reporting process to prevent and detect financial statement errors and take steps to improve program change controls over its invoice system.
We appreciate the courtesy and cooperation extended to us by ECB staff during the audit.
Sincerely,
janice mueller
State Auditor
__________________
State of Wisconsin
Legislative Audit Bureau
December 17, 2010
The Honorable, The Legislature:
We have completed a financial audit of the State of Wisconsin Educational Communications Board (ECB) Television Network to meet our audit requirements under s.
13.94, Wis. Stats., and as requested by ECB to fulfill the audit requirements of the Corporation for Public Broadcasting. The Corporation requires audited financial statements of public broadcasting entities to determine future funding levels.
ECB, which is an agency of the State of Wisconsin, operates a television network of 5 digital stations, as well as a radio network of 14 FM stations and 1 AM station. The ECB Television Network reported $10.0 million in support and revenue during fiscal year 2009-10, including state support, member contributions, funding from the Corporation for Public Broadcasting, and various other grants.
Our audit report contains the ECB Television Network's financial statements and related notes as of and for the periods ending June 30, 2010, and June 30, 2009. We were able to issue an unqualified independent auditor's report on these statements. However, our report on internal control and compliance includes recommendations that ECB implement additional steps to simplify its financial reporting process to prevent and detect financial statement errors and take steps to improve program change controls over its invoice system.
We appreciate the courtesy and cooperation extended to us by ECB staff during the audit.
Sincerely,
janice mueller
State Auditor
