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Sink Orders External Audit of Accounting & Auditing

8/12/2008

CONTACT: Tara Klimek
(850) 413-2842  
 
TALLAHASSEE— In a continuing effort to improve safeguards over public funds, Florida Chief Financial Officer Alex Sink today announced she has engaged Deloitte & Touche LLP., to review procedures surrounding electronic payments and transfers within the Division of Accounting and Auditing.
 
“Prudent financial management requires frequently updating processes to make sure we have appropriate protections in place,” said CFO Sink, who oversees the Department of Financial Services.  “Just like Floridians have to be wary of today’s more sophisticated criminals, state government needs to stay one step ahead by tightening protocols to better safeguard public funds.”

As a statewide elected officer of the Florida Cabinet, Chief Financial Officer Alex Sink  oversees the Department of Financial Services, a multi-division state agency responsible for management of state funds and unclaimed property, assisting consumers who request information and help related to financial services, and investigating financial fraud. CFO Sink also serves as the State Fire Marshal.