Page 515 - FortWorthFY23AdoptedBudget
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Internal Controls
D. Access to Assets and Records
Procedures shall be designed and maintained to ensure that adequate safeguards exist
over the access to and use of financial assets and records.
E. Independent Checks
Independent checks and audits will be made on staff performance to ensure compliance with
established procedures and proper valuation of recorded amounts.
F. Costs and Benefits
Internal control systems and procedures must have an apparent benefit in terms of reducing
and/or preventing losses. The cost of implementing and maintaining any control system should
be evaluated against the expected benefits to be derived from that system.
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