Elk River MN Auditor Office

Find Elk River, Minnesota auditor offices. Auditors provide information on government auditing standards, internal audits, financials, budgets, debt, spending, accounting, operations, compliance and performance.

Sherburne County Auditor 13880 U.s. 10 Elk River MN 55330 763-241-2861

About the Elk River Auditor

The Elk River Auditor performs an oversight role that ensures the transparency and accountability of government agencies and operations in Elk River, MN. The Elk River Auditor's Office is responsible for providing objective evaluations of the performance of government agencies, the integrity of the government's financial operations, and the compliance of government agencies with laws, rules, and regulations. The Auditor also helps Elk River government agencies accomplish their objectives by identifying opportunities for improving operations. At times, Auditors may also uncover corrupt or fraudulent activities.

You may contact the Auditor's Office for questions about:
  • Elk River government audit reports
  • Local government office financial operations
  • Government auditing standards in, Minnesota
  • Elk River government financial statements
  • Financial investigations and fraud
Auditing Process
  • Developing the scope of the audit and defining the criteria for evaluating Elk River government offices and programs
  • Conducting background research and gaining an understanding of the government office or program being audited.
  • Conducting fieldwork to gather detailed information and evidence.
  • Preparing preliminary findings and possibly distributing findings to the audited agency to allow for their response.
  • Preparing the Elk River audit report which includes the findings of the audit and recommendations for improvement or corrective action.
Elk River Government Office Audits

The unique role of the Elk River Auditor requires that they be granted the authority needed to carry out investigations and other audit activities. This authority typically comes from Elk River legislation that ensures the Auditor has full access to government agencies and their records, and provides safeguards against interference from agencies being audited. Auditors in Elk River, Minnesota often operate outside of traditional management structures, and report to an audit committee or other oversight authority. This further protects against interference in the Elk River Audits.

Government Contract Audits

In addition to internally focused activities, an Auditor audits Elk River government grants and contracts awarded to private sector entities. These externally focused reviews provide oversight and transparency for the distribution of grant funds and contract payments.

Elk River External Audits

The Elk River Auditor conducts audits of some aspect of a government agency or program. For example, an outside accounting firm, or certified public accountant (CPA), almost always conducts the annual financial audit. The purpose of the annual financial audit is to confirm that the Elk River government's annual financial statements accurately represent its financial position. The annual financial audit may also uncover problems or deficiencies in the entity's financial policies and procedures.