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It's "audit mania," says Bernard P. Pierorazio, the schools superintendent, because the city decided to hire the accounting giant KPMG to conduct a separate operational audit.
The first operational audit of the $700 billion financial rescue plan, to be delivered to Congress next Tuesday, is expected to be critical of the Treasury Department's failure to set up ways to track how its bailout money is being used in the marketplace, according to people briefed on a draft of the report.
Daste said the first order of business will be an operational audit.
He also called on the city to first perform "operational audit" before moving forward with the committee.
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Aside from financial audits, operational audits are used to evaluate the effectiveness and efficiency of information systems operations, and technological audits verify that information technologies are appropriately chosen, configured, and implemented.
Caspian Airlines passed an operational safety audit in 2007 by the International Air Transport Association.
At an operational level, audit planning, procedures and communicated written conclusions emerge as a much more negotiated and adaptive practice than rhetoric might suggest.
In addition, the International Air Transport Association, the airlines' trade group, requires that members comply with its operational safety audit, a system that measures compliance with hundreds of processes and procedures that enhance safety.
Anthony Concil, a spokesman for the International Air Transport Association, said the flag carriers of the Philippines and Sudan had recently passed an operational safety audit: Philippine Airlines obtained the trade group's safety certification in 2008, while Sudan Airways received its in February.
The International Air Transport Association, a trade group representing 230 carriers, maintains a registry of airlines that have passed its operational safety audit; about 340 carriers have met hundreds of criteria, like ensuring crew members have been trained in procedures, like responses to wind shear.
Services range from limited scope consulting engagements to operational and financial audits.
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