August 2, 2011

CLIFTON N. MILLER – Client Alert on School Support Organizations: Investigative Audit by the State of Tennessee Comptroller of the Treasury.

The School Support Organization Financial Accountability Act (“SSOFAA”) was enacted by the Tennessee Legislature in 2007. On July 13, 2011, the State of Tennessee, Comptroller of the Treasury, Department of Audit, Division of Municipal Audit issued a report regarding its investigative audit of the Riverdale High School Quarterback Club. This Memo will attempt to summarize the findings and recommendations by the Comptroller of the Treasury and provide some practical guidance in this area.

Client Alert
Investigative Audit Report of the Comptroller of the Treasure dated July 13, 2011
Frequently Asked Questions, Tennessee Comptroller of the Treasury
Model Financial Policy for School Support Organizations, Tennessee Comptroller of the Treasury
Exhibit 8, Count of Collections, Internal School Uniform Accounting Policy Manual
Exhibit 3, Fundraiser Summary Report, Internal School Uniform Accounting Policy Manual
Exhibit 2.a., Fundraiser Profit Analysis Report, Internal School Uniform Accounting Policy Manual

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