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RESPONSIBILITIES Internal Audit evaluates internal controls, examines financial and other data, reviews management systems and programs, and recommends improvements. Auditors are classified into two categories - internal auditors and external auditors. Internal Auditors: Employees of the Municipality of Anchorage. Emphasis is on providing the Municipal Assembly and the Mayor with objective information to determine whether the required high degree of public accountability is maintained, and to assist management in improving the efficiency and effectiveness of government operations and activities. To accomplish this, they focus on accountability, internal controls, and on improving management efficiency. Although internal auditors are Municipal employees, the Municipal Code provides a framework for them to operate with complete independence.(Anchorage Municipal Code 3.20.100, 3.20.110, 3.20.120, 3.20.130.) External Auditors: Not employees of the Municipality of Anchorage. The external auditor performs, under contract, an annual audit of the financial records of the Municipality and the Federal and State single audits. Their emphasis is on the fairness of financial representations. The certified public accounting firm of KPMG, LLP is currently the external auditor for the Municipality of Anchorage. The Municipal Assembly, Municipal Clerk's Office, is the contract administrator for the external auditor. The Internal Audit Department performs audits in accordance with generally accepted government auditing standards, except for the requirement of an external peer review. A peer review is not performed due to budget constraints.
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632 W. 6th Avenue Anchorage, Alaska 99501
PO Box 196650 Anchorage, Alaska 99519
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