NYC Government Publication
Audit Report on the New York City Fire Department's Administration of Its Bank Accounts (FM06-131A)
An audit report was filed on June 8, 2007 on the New York City Fire Department's administration of its bank accounts. The audit determined whether the New York City Fire Department (FDNY) properly administers its private bank accounts in accordance with applicable rules and regulations. It was determined that the FDNY generally administered its 10 bank accounts in accordance with applicable rules and regulations and Comptroller's Directives. However, there were some minor exceptions in the review of the Main Imprest Fund, for which controls could be improved. It was also suggested that FDNY establish a fiduciary account within the City's Financial Management System to replace its Medal Fund, so as to enhance the controls over the funds deposited in this account. Recommendations were made to rectify these issues.
- Agency
- Subject
- Report type
- Audit Report
- Date published
- 2007-06-08