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Property & Evidence Room Audit 2025

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The audit of the Minneapolis Police Department's Property & Evidence Room, conducted by the Internal Audit Department, revealed that while the unit is well-controlled and maintains excellent accuracy in property and evidence management, there are several areas for improvement. Key findings include issues with locating inventory items, inaccuracies in data entry within the Computer Assisted Police Records System (CAPRS), excessive cash on hand, and deficiencies in item disposition processes and records retention. Recommendations were made to enhance inventory practices, improve data accuracy, strengthen access controls, and ensure compliance with record retention schedules. The Property & Evidence Unit has acknowledged these findings and outlined plans for implementing improvements.

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2017	4.3 Satisfied (20 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a property audit?

A commercial property audit is a comprehensive assessment of a propertys physical condition, financial health, and legal compliance. Regular audits can help identify potential issues, optimize performance, and maximize the value of your commercial real estate investment.

What are the audit procedures for audit evidence?

Audit procedures to obtain audit evidence can include inspection, observation, confirmation, recalculation, reperformance and analytical procedures, often in some combination, in addition to inquiry.

What are the five types of audit evidence?

There are several key types of audit evidence that we rely on. These include physical examination of assets, documentation reviews, observations of processes, and direct inquiries. Each type helps us build a robust understanding of an entitys financial status.

What is the objective of property audit?

Key PointsThe propriety audit is confined to examining the validity of appropriations or is concerned with verifying that there is no leakage of revenue and wastage of funds knowingly or unknowingly in disregard to any legal requirement or financial or economic consideration.

What are the 5 audit evidence?

What are the types of audit evidence? There are eight different types of audit evidence. They are physical examinations, confirmations, documentation, analytical procedures, observations, inquiries, reperformance, and recalculation.

What are the 5 forms of audit evidence that the external auditors examine?

Examples of auditing evidence include bank accounts, management accounts, payrolls, bank statements, invoices, and receipts. Good auditing evidence should be sufficient, reliable, provided from an appropriate source, and relevant to the audit at hand.

What are the 5 elements of audit finding?

What is an audit finding? Condition: What is the problem/issue? What is happening? Cause: Why did the condition happen? Criteria: How do we, as auditors, know this is a problem? What should be? Effect: Why does this condition matter? What is the impact? Recommendation: How do we solve the condition?

Property & Evidence Room Audit 2025

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