BILL ANALYSIS                                                                                                                                                                                                    �






                                                       Bill No:  AB 
          229
          
                 SENATE COMMITTEE ON GOVERNMENTAL ORGANIZATION
                       Senator Roderick D. Wright, Chair
                           2011-2012 Regular Session
                                 Bill Analysis


          AB 229  Author:  Lara
          As Amended:  June 21, 2011
          Hearing Date:  June 28, 2011
          Consultant:  Paul Donahue

           SUBJECT  :  Controller; Audits
          
           SUMMARY  :  Expands the Controller's regulatory power over 
          local government auditing practices.

           Existing law  :

          1) Requires any state, local government, or nonprofit 
          organization that spends $500,000 or more in federal money 
          to prepare an annual audit that meets certain 
          specifications, and transmit that audit to specified 
          federal agencies.

          2) Requires the Controller to receive every audit report 
          prepared by any local public agency pursuant to the federal 
          Single Audit Act, and to review those reports for 
          compliance with federal law before forwarding them to the 
          designated state agency.

          3) Requires annual audits of local educational agencies 
          (LEAs), and requires those audit reports to be filed with 
          the applicable county superintendent of schools, the 
          Department of Education, and the Controller.  Among other 
          requirements, LEA audits must comply fully with the 
          Government Auditing Standards issued by the Comptroller 
          General of the United States, and must be made by a CPA or 
          a PA licensed by the Board and selected by the LEA from a 
          directory of CPAs and PAs deemed by the Controller as 
          qualified to conduct audits of LEAs.
           
          This bill  :





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          1) Requires all audit reports prepared pursuant to the 
          federal Single Audit Act to be submitted to the Controller 
          within 9 months of the end of the period audited, or in 
          accordance with applicable state or federal law. 

          2) Authorizes the Controller to appoint a qualified 
          certified public accountant (CPA) to complete an audit 
          report if the local agency does not submit the audit within 
          the required timeframe, with associated costs to be borne 
          by the local agency. 

          3) Requires the audit to comply with the Government 
          Auditing Standards issued by the Comptroller General of the 
          United States. 
          4) Requires the audits to be made by a CPA who is licensed 
          by the California Board of Accountancy, and requires a 
          local agency to select accountants from a directory of 
          accountants published by the Controller. 

          5) Requires the Controller to use specific criteria to 
          determine which CPAs that will be included in the 
          directory.

          6) Requires the Controller to develop a plan to review and 
          report on the annual financial audit reports of local 
          agencies, and to review and monitor the annual financial 
          reports of local agencies, including certain reports 
          prepared by independent auditors, according to specified 
          criteria. 

          7) Requires the Controller, in consultation with specified 
          entities, to propose and adopt the content of an audit 
          guide. 

          8) Requires the Controller to report to the Legislature by 
          January 31 of each year the results of the Controller's 
          oversight activity. (The reporting requirement would be 
          repealed on December 31, 2015.) 

          9) Authorizes the Controller to perform quality control 
          reviews of audit working papers of the annual financial 
          reports of local agencies to determine whether the audits 
          meet certain criteria. 

          10) Provides that if the Controller makes specified 
          findings, the Controller shall refer the case to the 




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          California Board of Accountancy and take provisional 
          disciplinary actions as the case is pending.

           COMMENTS  :
          
          1) Rationale  : According to the author's office, "the 
          current statutory approach to protect taxpayers from waste, 
          fraud and abusive practices by local governments is not 
          working as illustrated by the Controller's Office audit 
          findings in the City of Bell and the County of Modoc where 
          millions of state, federal, and local dollars were misspent 
          over several years."  Additionally, the author's office 
          says that the "current oversight system of 58 counties, 482 
          cities, and nearly 5,000 special districts lacks the 
          authority and resources to identify and investigate the 
          types of issues that were found in Bell and Modoc."

          "Not only are tax funds at risk, but the state and federal 
          pass-through funds, for which the state is liable, can also 
          be misspent.  A failure to conduct the public's business 
          with honesty and efficiency leads to financial 
          mismanagement affecting the expenditure of state and 
          federal funds.  Unfortunately, these trends are only 
          discovered when the local government is in danger of 
          defaulting on private debt - an outcome that can have a 
          catastrophic impact on local services and negatively affect 
          the state's own credit rating."

          2)  Expansion of Controller's responsibilities  :  Current law 
          requires local governments subject to federal single audit 
          requirements to send their annual audit reports to the 
          Controller for review and certification for compliance with 
          specified auditing standards.  This only includes local 
          agencies that expend more than $500,000 in federal funds.  

          AB 229 broadens the categories of local entities whose 
          audits are subject to review by the Controller, including 
          cities, counties, special districts and redevelopment 
          agencies that expend any amount of money.

          This bill adds provisions that increase oversight of local 
          agency audits.  All audits must comply with federal 
          government auditing standards and must be performed by a 
          Board-licensed CPA or PA that has been selected by the 
          local agency from a Controller-approved list of qualified 
          CPAs.  The Controller currently maintains a similar list 




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          for school district audits.

          This bill also requires rotation of auditors every six 
          years, and requires audit contracts to include provisions 
          for withholding portions of the audit fee until the 
          Controller certifies the audit, or if the audit report 
          fails to meet specified reporting requirements.  Audit 
          contracts must allow the Controller to access audit working 
          papers, which the Controller can review for quality 
          control.  

          Additionally the bill provides for a process for referring 
          cases to the Board if a quality control review indicates 
          unprofessional conduct or failure to report noncompliant 
          acts, and allows the Controller to suspend an auditor from 
          performing audits until the Board makes a determination. 

          The bill also gives other new duties to the Controller, 
          including the adoption of an audit guide, and annual review 
          of audits for compliance.  

          3)  The audit guide  :  The bill directs the Controller, in 
          consultation with the Department of Finance, 
          representatives of the League of California Cities and the 
          California State Association of Counties to "propose the 
          content of, and adopt an audit guide."

          Although the League of Cities would be a designated 
          participant in the development of the audit guide, it has 
          nevertheless raised a concern about the extent to which the 
          guide would be mandatory for use by the auditors hired by 
          local agencies.

          The Controller has developed audit guidelines for school 
          districts and redevelopment agencies, and states that the 
          Controller's office (SCO) has seen a definite improvement 
          in the quality of school district audits since adoption of 
          the guidelines.

          Given that the bill expands the oversight and supervisory 
          power over local agencies, it would seem reasonable that 
          the guidelines should serve as a useful guide rather than 
          become another requirement with which strict compliance is 
          necessary.  Committee staff is informed that the 
          Controller/sponsor of AB 229 may be willing to accept 
          amendment in this regard.




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          The Committee or the author may wish to adopt an amendment 
          clarifying that the audit guide is advisory in nature. 

          4)  Access by Controller to confidential information  :  

          AB 229 specifies provisions that a local agency must 
          include in its contracts with auditors. Among the 
          requirements is a provision that gives the Controller 
          access to the auditor's "working papers."  Although this 
          appears reasonable, the provision may need to be harmonized 
          with existing law governing the release of this 
          confidential information by in-house local agency auditors. 
           Existing law specifies that personal papers and 
          correspondence of any person providing assistance to the 
          auditor, who requests that the papers be kept confidential, 
          shall not be released to the public, nor shall incomplete 
          reports or auditor work product materials, and the like. 
          (Gov. Code � 26908.5)

          The Committee may wish to consider the appropriateness of 
          an amendment that precludes release of these materials and 
          papers to the Controller's audit compliance review staff 
          without a reasonable suspicion that the auditor did not 
          perform the audit in accordance with auditing standards.

          5)  Controller program costs  :  The local agencies that would 
          be made subject to increased oversight by the Controller 
          under AB 229 have asked for amendments specifying that the 
          local entities are not responsible to pay for the 
          additional costs incurred by the Controller in implementing 
          the provisions of this bill. 

          The cost issue pertains primarily to SEC. 3 of the bill, 
          pursuant to which the Controller may charge a local agency 
          for any cost that SCO incurs by hiring a CPA to do an audit 
          if the local agency fails to submit the audit report 
          required by AB 229.

          Perhaps this issue could be resolved with an amendment 
          requiring the SCO to provide written notice of its intent 
          to hire its own auditor unless the local agency submits the 
          overdue audit within 30 days.

          6)  Related legislation  :





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          AB 187 (Lara, 2011) expands the State Auditor's high-risk 
          government agency audit program to include local 
          governments at high risk for waste, fraud, abuse, or 
          mismanagement. The bill broadens the Auditor's authority to 
          investigate local government finances to prevent misuse of 
          taxpayer funds. (On calendar today in this Committee)

           SUPPORT:   

          State Controller John Chiang (sponsor)

           OPPOSE:   

          None on file

           FISCAL COMMITTEE:   Senate Appropriations Committee



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