PURPOSE: The state auditor has authority to establish standards and reporting requirements for audits performed on fire protection districts in St. Louis and Greene Counties. This rule describes required and suggested information to be included in the audit reports.

1. (1) Standards for auditing and financial reporting of fire protection districts are given in 15 CSR 40-4.020.

2. (2) The audit report shall contain: 15 CSR 40-4

   1. (A) A table of contents;
   2. (B) The financial statements and other information required by generally accepted accounting principles; and
   3. (C) The auditor’s reports required by generally accepted government auditing standards: a report of the financial statements and other financial information and a report on internal control over financial reporting and on compliance and other matters. The required scope of audit for the reports is set forth in 15 CSR 40-4.040. The reports shall include the findings and recommendations, if any, which the auditor developed during his/her audit and the district’s responses to those findings and recommendations.
3. (3) The audit report may contain or utilize a statistical section to include other information deemed necessary or appropriate by the district.
4. (4) As part of, or along with, the audit report, the auditor shall submit a management letter communicating areas of possible improvement not otherwise reported.

AUTHORITY: section 321.690, RSMo 2000.* Original rule filed May 12, 1978, effective Sept. 11, 1978. Amended: Filed Dec. 2, 1985, effective Feb. 13, 1986. Amended: Filed June 14, 1994, effective Nov. 30, 1994. Amended: Filed Dec. 17, 2009, effective July 30, 2010.

*Original authority: 321.690, RSMo 1977, amended 1981, 1986, 1991, 1993, 1998.