We concluded that the Receiver’s Office controls are generally effective in ensuring that payments and cash received are appropriately accepted, deposited, and managed in compliance with agency policies.
The Texas General Land Office (GLO) has established processes and controls to ensure the adequate administration of the Gulf of Mexico Energy Security Act (GOMESA) and compliance with the operational guidelines of the act.
The Financial Reporting and Accounting section of the Texas General Land Office and Veterans Land Board has implemented the requirements associated with the Governmental Accounting Standards Board, Statement No. 87, Leases (GASB-87).
The Veterans Land Board, Texas State Veterans Cemeteries (TSVC) program generally has effective processes and controls to ensure the TSVCs are operated in compliance with contractual requirements.
The Office of Internal Audit has completed the Fiscal Year (FY) 2022 Annual Risk Assessment and forecasted audit plan for FY2023 for the agency. The risk data was obtained from management interviews regarding activities conducted and administered within their divisions and across the agency.
The Office of Internal Audit has completed the Fiscal Year (FY) 2023 Annual Risk Assessment and forecasted audit plan for FY2024 for the agency.
The Office of Internal Audit has completed the Fiscal Year (FY) 2024 Annual Risk Assessment and forecasted audit plan for FY2025 for the agency. The risk data was obtained from management interviews regarding activities conducted and administered within their divisions and across the agency.