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Bibliographic Details
Main Authors: Kurth, William H., Zubatsky, David S.
Format: Recurso educativo Open Access
Language:en
Published: 1977
Subjects:
Online Access:https://eric.ed.gov/?id=ED142185
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author Kurth, William H.
Zubatsky, David S.
author_facet Kurth, William H.
Zubatsky, David S.
Kurth, William H.
Zubatsky, David S.
collection Education Resources Information Center
contents Recommended Procedures for the Internal Financial Auditing of University Libraries. Kurth, William H. Zubatsky, David S. Accounting College Libraries Evaluation Methods Financial Policy Library Administration Library Automation Library Expenditures Questionnaires This study develops a generalized procedure for the internal financial auditing of university libraries. It identifies critical internal control points in library operations, and develops questions to measure and evaluate fiscal operations effectiveness. Auditing data and advice were gathered from a survey of 87 members of the Association of Research Libraries (ARL), consultation with auditing organizations, visits to university libraries and the ARL, and review of auditing criteria by an advisory group of auditors, library business managers, and librarians. The study describes the standard auditing cycle to be followed in all university library audits: (1) understanding the accounting and internal control systems; (2) recording this; (3) preliminary evaluation of internal control; (4) confirming the operation of controls; (5) definitive evaluation of internal control; (6) completing the audit; (7) reviewing the internal library financial statements; and (8) issuing the report. Auditing programs for original record examination and testing would be developed after the system of internal control is evaluated, and a questionnaire for evaluation of internal accounting control of the library completed. Special considerations in auditing computerized systems, the questionnaire, and a glossary are included. (KP)
format Recurso educativo Open Access
id eric_ED142185
institution ERIC Institute of Education Sciences
language en
publishDate 1977
record_format eric
spellingShingle Recommended Procedures for the Internal Financial Auditing of University Libraries.
Kurth, William H.
Zubatsky, David S.
Accounting
College Libraries
Evaluation Methods
Financial Policy
Library Administration
Library Automation
Library Expenditures
Questionnaires
Recommended Procedures for the Internal Financial Auditing of University Libraries. Kurth, William H. Zubatsky, David S. Accounting College Libraries Evaluation Methods Financial Policy Library Administration Library Automation Library Expenditures Questionnaires This study develops a generalized procedure for the internal financial auditing of university libraries. It identifies critical internal control points in library operations, and develops questions to measure and evaluate fiscal operations effectiveness. Auditing data and advice were gathered from a survey of 87 members of the Association of Research Libraries (ARL), consultation with auditing organizations, visits to university libraries and the ARL, and review of auditing criteria by an advisory group of auditors, library business managers, and librarians. The study describes the standard auditing cycle to be followed in all university library audits: (1) understanding the accounting and internal control systems; (2) recording this; (3) preliminary evaluation of internal control; (4) confirming the operation of controls; (5) definitive evaluation of internal control; (6) completing the audit; (7) reviewing the internal library financial statements; and (8) issuing the report. Auditing programs for original record examination and testing would be developed after the system of internal control is evaluated, and a questionnaire for evaluation of internal accounting control of the library completed. Special considerations in auditing computerized systems, the questionnaire, and a glossary are included. (KP)
title Recommended Procedures for the Internal Financial Auditing of University Libraries.
topic Accounting
College Libraries
Evaluation Methods
Financial Policy
Library Administration
Library Automation
Library Expenditures
Questionnaires
url https://eric.ed.gov/?id=ED142185