Reports in Progress

2021

 

 

Below are our reports in progress. Depending on the scope of work, some audits can require a significant amount of time, and we do not report findings and recommendations to the public until audits are complete. Find out about the audit process here.

 

 

Queen Mary Lease Agreement Audit 

The purpose of the audit is to ensure that the City has received all revenues owed by conducting a more detailed analysis of the lessee’s audited financial statements of the Queen Mary, and a reconciliation of the financial statements with other information released by the lessee regarding the Queen Mary’s financials and operations.

 

 

Airport Fees Performance Audit 

The purpose of this audit is to determine whether the Long Beach Airport (Airport) is effectively managing airline fees and customer facility charges (CFCs) derived from airlines and car rental companies operating out of the Airport. This audit will determine whether airline fees and CFCs were appropriately assessed, collected, reconciled, and deposited in their entirety during the period of Fiscal Year 2016 through Quarter 2 of Fiscal Year 2019. During this audit, we will also verify that processes related to the collection of these fees comply with applicable rules and contract requirements.

 

 

Underground Storage Tank (UST) Management Program Agreed-Upon Procedures

The objective of this agreed-upon procedures engagement is to assess whether the Department of Financial Management’s procedures are in compliance with critical requirements of the Underground Storage Tank Management Program (TMP). The review covers Fiscal Year 2020. In order to achieve our objective, we will interview appropriate personnel, visit selected UST sites, review a sample of documents to ensure compliance with the Program, and follow-up with prior audit findings.

 

 

Parking Meter Coin Operations Performance Audit

The purpose of this audit is to determine whether the internal controls surrounding the collection of parking meter cash payments by the Department of Public Works results in deposits to Central Cashiering that are timely, whole, secure, and reliable. The scope of this audit will include parking meter coin revenue collected and deposited during Fiscal Year 2020. To accomplish this, we will benchmark current cash control practices against other agencies, perform end-to-end reconciliation of meter coin deposits, and conduct field observations of the business process in its entirety.