16.2.2 Third-Party Engagements

(Last Modified on January 30, 2024)

Third-party auditors may conduct audits, reviews, agreed upon procedures or other special engagements at various BOR institutions or the system office. These engagements are not a substitute for audit work done by DOAA as required by OCGA 50-6-3, as they are normally engagements performed as part of regulatory requirements or upon request of the Chief Fiscal Officer, the Associate Vice Chancellor for Accounting & Reporting, or the CAO.

It is the responsibility of local institution officials, either the campus auditor or, if none exists, the chief business officer (CBO), to be cognizant of third-party audits and associated issues. Institutional management shall notify the ICA, CAO, and the Chief Fiscal Officer of any third-party engagements. Copies of final reports must be submitted to the Chief Fiscal Officer and the CAO.