To ensure that the State Bar's board can make informed decisions about its consultant's recommendations regarding budgeting and financial reporting, the State Bar should analyze the costs and benefits of implementing its consultant's recommendations about budgets and present this analysis to its board for consideration.
The Board considered the cost-benefit analysis at its July 2016 meeting; the analysis has been submitted to the State Auditor.
In July 2016, State Bar staff reported that the State Bar had implemented 587 of 748 budget and financial reporting elements and recommended implementation of 66 additional elements to its board based on an analysis of the costs and benefits of doing so.
The Board will consider a cost-benefit analysis regarding consultant recommendations as to budget preparation and reporting at its July22, 2016, meeting.
Agency responses received are posted verbatim.