News is out today that’s a big deal for us here at the lottery, but it’s just as important to anyone who’s ever played one of our games. The Iowa Lottery has gotten another clean report from the State Auditor's Office.
Under state law, the Auditor reviews the Lottery’s operations each year. Those checks are in addition to the security and integrity standards the Lottery uses throughout its operations to ensure the integrity of its games. Click here to see today‘s report from State Auditor David Vaudt regarding his office’s fiscal year 2012 audit of the Lottery.
The official language of the report notes that the Auditor’s Office “did not identify any deficiencies in internal control over financial reporting we consider to be material weaknesses.”
The report also goes on to say: “The results of our tests disclosed no instances of non-compliance or other matters that are required to be reported under Government Auditing Standards.”
Why is that a big deal to you? In plain language, it means that an outside auditor looked at the financial operations of the Iowa Lottery and gave us a clean report.
We look at the auditor's report each year as another measure of how we're doing. We’re proud of our record here at the lottery and know that integrity must be at the heart of everything we do. It’s just as important as the sales we achieve, because if people don’t believe that the lottery is operated fairly and securely, they understandably wouldn’t want to buy tickets.
Integrity is what players demand if they’re going to trust us enough to play our games. It’s what the public demands of us if it's to trust in the information we provide. We keep that in mind every day and appreciate the confidence you’ve shown in Iowa’s lottery.
We thank the Auditor for the work of his office and staff and look forward to working with them again in their upcoming reviews.