Revision

The audit department is responsible for the internal and external financial control of the district, the towns and municipalities belonging to the district and their special funds. As part of the performance of other auditing tasks, the audit department examines the efficiency and expediency of administrative actions. The audit reports to be prepared form the basis for the discharge of the county committee and the magistrates or municipal boards by the decision-making bodies. Thus, in the area of municipal finance, a task similar to that of the audit offices in the area of the federal and state governments is fulfilled.

Audit of the financial statements

The audit office is also responsible for auditing the annual financial statements of the Waldeck-Frankenberg district, the towns and municipalities, and the special funds. The audit examines the annual financial statements to determine whether the budget was adhered to, whether the budget was managed in accordance with the applicable regulations, and whether the procedures were both economical and expedient. In this context, the awarding of contracts is also checked for compliance with legal requirements and the technical and administrative implementation of building construction and civil engineering measures. It is also necessary to assess whether the respective annual financial statements give a true and fair view of the net assets, financial position and results of operations of the district.

Monitoring of the county and municipal treasuries

As part of the ongoing monitoring and regular audits of the district and municipal treasuries, the Audit Office determines whether the organization of the treasury meets the requirements and the cash security is given, the payment transactions and accounting are handled properly and the actual cash balance corresponds to the cash target balance.