Skip to main content

FIN-0800 Audit

Description

 Consists of records of internal and external audits. Includes copies of working papers provided to auditors, completed audit reports, management letters, audited financial statements and institution responses.

Retention Trigger

 End of Fiscal Year

Retention

 7 years

Responsible Unit(s)

 Finance

Source

  

Records System

  

Citations

  

Record Authority

 Chief Financial Officer

Disposition

 Secure Destruction

Records Arising from Activity
  • Audit Reports
  • Management Letters
  • Audited Financial Statements
  • Institution responses

Retention Rationale

 Audited financial statements will be captured within the audit and finance board of governors committee for permanent retention.

Personal Information

 No

Vital Record

  

Protection

 Medium