State Insurance Fund

Internal Controls Over Selected Financial Operations

The State Insurance Fund provides workers’ compensation and disability benefit insurance coverage to many employers in New York State. We examined the adequacy of the Fund’s controls over its computer equipment , payroll operations and vehicle management. We identified significant weaknesses in the controls over computer equipment, as numerous items either were not recorded on the inventory records or could not be located during our review. We also identified the need for improvement in certain aspects of the Fund’s payroll operations and vehicle management.

For a complete copy of Report 2005-S-57 click here.
For a copy of the 90-day response click here.
For a copy of the associated follow-up report click here.