Follow-Up Audit of Sarasota County Area Transit (SCAT) Bus Operations Cash Handling, December 2017

3 | F o l l o w - u p o f S C A T B u s O p e r a t i o n s C a s h H a n d l i n g D e c e m b e r 2 0 1 7 Summary and Results Background The purpose of the November 2016 Audit of Sarasota County Area Transit (SCAT) Bus Operations Cash Handling was to evaluate the physical security of farebox receipts and the procedures for reconciling and preparing receipts for deposit. The original audit report concluded that there were opportunities to improve compliance with the cash handling procedures and the effectiveness of controls, as detailed in the Opportunities for Improvement section of the original audit report. Objectives The objectives of this follow-up audit were to evaluate corrective actions taken by responsible management related to the opportunities for improvement reported on the Sarasota County Area Transit Bus Operations Cash Handling audit report, dated November, 2016. This was achieved by providing independent, objective analysis as well as reasonable assurance that the previous concerns have been addressed and appropriate corrective measures implemented. To meet the objectives of the follow-up audit, the following procedures were performed:  Performed inquiries of management and staff of the SCAT Administration Department.  Obtained an understanding of changes made to the policies and procedures since the original audit report date.  Performed an onsite visit and reviewed the physical location and coverage of the security cameras.  Reviewed the access and controls in regards to the vault.  Examined farebox receipts for the period of February 1, 2017 through April 30, 2017.