During pre-audit reviews, pre-auditors should ensure:
- Documentation is complete and understandable to an independent third party without additional information.
- Documentation clearly address the propriety and legality of the transactions in relation to the account charged, program mission, legislative intent, and to statutory, UW System and institution constraints.
- Charges (or credits) are actual, reasonable, necessary and mathematically accurate. Excessive, unnecessary or unusual charges are explained or brought to the attention of the next higher authority.
- Payee, address and accounting code information are complete and accurate.
- Appropriate payment method is used.
- Required approvals are documented.
[Ref. Wis. Stat. S. 16.53]