Peer Review

The Internal Audit Office adheres to the standards set forth by the U.S. Government Accountability Office (GAO) through its issuance and periodic revision of the Generally Accepted Government Auditing Standards (GAGAS), also known as the Yellow Book. These standards provide the framework for conducting high-quality government audits and attestation engagements with competence, integrity, objectivity and independence.

In accordance with these standards, all government audit functions are required to undergo an independent, external peer review at least once every three years. The peer review process evaluates whether the Internal Audit Office’s quality control system is suitably designed and operating effectively to ensure compliance with GAGAS.

The ALGA process is widely recognized as the benchmark for local government audit peer reviews and fully aligns with the requirements of Government Auditing Standards.

As the City of Daytona Beach Internal Audit Office is a newly established function, we will undergo our first external peer review within three years of the office’s inception. However, preparations for peer review begin immediately. This includes developing a quality assurance and improvement program, maintaining proper audit documentation, ensuring supervisory review, and aligning policies and procedures with Yellow Book requirements.

Copies of prior opinion letters from other jurisdictions are often shared publicly to demonstrate transparency and accountability. Once the City of Daytona Beach Internal Audit Office completes its first peer review, the results will also be made available to the Mayor, City Commissioners, management and the public.