What's New

 

 



 

Released Reports


State of Wisconsin Fiscal Year 2016-17 Financial Statements

Report 18-3 | February 2018

We provided unmodified audit opinions on the State of Wisconsin’s FY 2016-17 financial statements. These statements are included in the State’s Comprehensive Annual Financial Report, which is prepared by DOA. We continue to report a material weakness in internal control over financial reporting related to security concerns involving STAR, and significant deficiencies in IT security policies, security procedures, and controls. We include recommendations for DOA, UW System, and DOR to make improvements in these areas. We also identified significant deficiencies in certain financial reporting processes at DOA and DOT and recommend these agencies take steps to address the deficiencies we identified.

Briefing Sheet
mobile version | Report

  


University of Wisconsin System

Report 18-2 | February 2018

We provided an unmodified audit opinion on UW System’s FY 2016-17 and FY 2015-16 financial statements. As of June 30, 2017, UW System’s net position, which provides a measure of its overall financial condition, was $6.6 billion. We recommend UW System Administration continue to work with the UW Information Assurance Council and individual institutions to continue development and maintenance of a comprehensive IT security program. We further recommend UW System Administration report to the Joint Legislative Audit Committee by August 31, 2018, on the status of the development of a comprehensive IT security program, including policies and standards established, and a summary of steps it has taken to address high-risk areas identified by a third-party vendor.

Briefing Sheet
mobile version | Report