GISD hires forensic auditor to investigate financial information dating back to 2014
The Greenville ISD School Board unanimously voted to authorize the superintendent to hire an auditor to conduct a forensic audit to address concerns about budget shortfalls related to the 2016-17 and 2017-18 school year budgets, as well as bond expenditures from the bond issue approved by voters in May 2014.
Pursuant to Board authorization, Superintendent Dr. Demetrus Liggins hired Sandy Alexander, CPA and Certified Fraud Examiner, to conduct the forensic audit. Mr. Alexander is an anti-fraud professional and a member of the Association of Certified Fraud Examiners. His background includes both Big 4 public accounting firm and private-industry experience where he earned expert credentials in information systems audits, forensic accounting, and fraud investigation.
GISD held a special board meeting Feb. 6 at the Greenville High School auditorium for the purpose of gathering public input regarding the forensic audit. Members of the public may also contact Mr. Alexander directly. To the fullest extent of the law, the identities of those persons who contact Mr. Alexander directly will be kept confidential. Names of those contacting the auditor will not be shared by the auditor with GISD officials. Here is Mr. Alexander's contact information:
CA Forensics LLC
C. Sandy Alexander, CPA
15851 Dallas Parkway Suite 600
Addison, TX 75001
“In Greenville ISD, we are committed to complete transparency and fiscal stewardship,” said Superintendent Dr. Demetrus Liggins. “When we discovered the shortfall, we immediately took action. We cut costs in every possible area, and we hired the Texas Association of School Business Officials (TASBO) to conduct a procedural audit. The focus of the TASBO audit was to pinpoint how the overspending occurred and to make recommendations for procedural improvements to our operations. We followed all of those recommendations. We also released the 52-page audit to the public, and it is posted on our website."
“Concerns continued from members of the public who requested that the board authorize a forensic audit. We are now taking that additional step, and we will share the findings when the audit is completed,” Liggins said.
In contrast to the procedural audit conducted by TASBO earlier this year, the forensic audit will examine possible wrongdoing.
“Our number-one commitment is to provide an excellent education for our students. To do that, we must get our financial house in order, which is exactly what we are doing now," Liggins said.