By Alan Roesberry
CalTrout Finance Director
For most of us, the thought of being subject to an audit is the stuff of which nightmares are made. For California Trout, it’s an annual occurrence…times three.
CalTrout’s revenue mix includes $11.7M in state and federal government grants. Grants your individual donations help leverage and which fuel our large-scale conservation projects. And, as every responsible funder should, these state and federal agencies want to make sure their investment is being spent wisely and for the purposes for which it was intended. As such, CalTrout's audit process is almost a year-round event touching on all regions and facets of the organization.
This past year we completed an Annual Financial Audit, Annual Single Audit, and other audits required by regulatory or funding agencies, including a CA State Bond Accountability Audit. Each of these audits is unique, but they share similar goals of evaluating the performance of an organization from financial, operational and risk management perspectives. We are pleased to report that all audits were passed with flying colors.
To effectively manage the audit process, active participation is encouraged from all areas of our organization, including frontline Administrative Staff, Project Coordinators and Managers, Program Directors, Development and Grants Teams, and the Board of Governors. In addition, our Audit Committee, comprised of Board Members and independent finance professionals appointed by the Board of Directors, serves a critical function within our systems of governance, internal controls and risk management. California Trout benefits greatly from the oversight of a highly engaged, financially literate, Audit Committee.
For more details about each of these audits please click on the sections below.
Audits at California Trout are truly an organization-wide event, not a Finance Department backroom exercise. We embrace these opportunities to confirm our success, to demonstrate our commitment to transparency and accountability, and to gain valuable third-party insights. We work in a challenging regulatory environment, and we know with certainty that it takes an entire organization working together to consistently achieve positive audit outcomes.
Alan Roesberry is California Trout’s Finance and Administration Director, responsible for Finance and Business Administration, and the integration of those functions within the organization. He is a San Francisco resident who grew up with endless family road-trips to fish rivers around California.