Helping game operators identify and minimize risk.
Meet the Auditing Team
- Leila McDonough, Auditing Administrator
- Grant Sidney, Auditor
- April Fay, Auditor
- Joshua Kelley, Auditor
- Michael Theriault, Auditor
- Sandy Goulet, Auditor
- Roberto Ottolia, Auditor
What We Do
The auditing group performs comprehensive examinations of gaming operations’ records and systems of internal controls. The group is also responsible for assisting in the performance of investigations, performing analytics based on information submitted in monthly financial statements and review of minimum internal control documents submitted annually. The overall objective of the group is to ensure regulatory compliance, gaming integrity and the proper allocation of gaming proceeds to charities and the State.
The primary focus of the Audit Unit is to perform audits on game rooms and bingo halls to determine proper reporting and submittal of taxes and charitable organization proceeds, and to determine if the charitable gaming operation complies with all applicable laws and regulations. The Auditing Unit is responsible for the following:
An entrance conference is scheduled with the licensee to communicate the preliminary audit process and seek licensee's input regarding risk and audit scope. Interviews are conducted with selected personnel of the audited entity focusing on the various audit areas. The purpose of the interviews is to document what operational and accounting procedures are used and why. The Auditing Unit performs a preliminary analysis of the licensee's financial transactions including, but not limited, to cash receipts and disbursements. Based on the entrance conference, preliminary interviews, and preliminary analysis, the Auditing Unit designs audit procedures to address each identified audit risk.
When adequate internal controls are identified, the Auditing Unit will perform walk-through tests to confirm that the tasks are performed as described. When weaknesses in internal controls are identified IAU will make appropriate internal control recommendations as part of the audit report. Detailed audit procedures will be performed with a primary focus on testing for compliance with Lottery rules and regulations, including fulfillment of the licensee's financial obligations to the state and charitable organizations. The Auditing Unit will promptly notify licensees of any audit concerns to allow the licensee an opportunity to provide insight regarding the respective issue. All of the audit findings and recommendations are discussed with the licensee management responsible for implementing the recommendations.
Upon completion of fieldwork, a draft of the audit report is prepared and provided to the licensee. Shortly thereafter an exit conference is scheduled with the licensee to discuss the audit and the report. Licensee's input regarding the background, findings, and recommendations is considered in drafting the audit report. After the exit conference, the licensee is asked to formally respond in writing to any findings and recommendations. Licensee's response is incorporated into the report and a final audit report is issued to all required parties.