As part of audit planning, the Compliance and Internal Audit Division performs an annual risk assessment of all Board departments. The risk assessment ranks potential audit areas based on financial operations, known internal controls, and potential risks. Factors considered during the risk analysis include:

• Annual budget
• Revenues
• Expenditures
• Fixed assets
• Other relevant information

The risk assessment provides the foundation for the audit plan. Once the audit plan is developed it is presented to the Clerk of Courts for review and approval. Upon approval, the audit plan is presented to the Board of County Commissioners and becomes the basis of audit activities.