Department of Accounts
Service Area
Financial Reporting
Objective
Monitor agencies and institutions responses to APA audit reports.
Measure
Ensure that the number of recurring APA Internal Control findings are 20 or below.
Last Modified: 13-May-08
Measure Methodology
This measure is calculated by identifying the number of APA internal control findings published in APA audit reports for the previous fiscal year. This measure may be adjusted for certain complex findings whose corrective action may involve multiple agencies and institutions and entail multi-year efforts.
Measure Type
Preferred Trend
Class
Measure Baseline
Outcome
Preferred Trend
Maintain
Class
Key
Value
25
Date
7/1/2006
Description
25 Recurring internal control findings reported on fiscal year 2005 audits.
Measure Target
Value
30
Date
10/30/2010
Description
30 or fewer recurring internal control findings in subsequent fiscal years.
Measure Frequency
Frequency
Annual
Description
Measure update is done by approximately November 30 of each year.
Explanatory Note
The data for this measure for FY 2009 is not available until October, 2010.
Measure Data
| Year | Measure |
|---|---|
| 2001 | 37 |
| 2002 | 30 |
| 2003 | 18 |
| 2004 | 18 |
| 2005 | 25 |
| 2006 | 16 |
| 2007 | 37 |
| 2008 | 39 |
| 2009 | |
| 2010 |
Year refers to Virginia's fiscal year which runs July 1 - June 30.
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40
30
20
10
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B
01
02
03
04
05
06
07
08
09
10
T