Fixed Assets tracks and maintains records for all purchases of $5000 or greater, and maintains the insurance schedules of all insurable assets held by the Tribe and the Tribal programs. This includes but not limited to buildings, equipment, vehicles and infrastructure, this office also maintains the cellular service account for the Band. These records are audited on a yearly basis as with other financial records. Property and supply tags tribal property and maintain the GSA vehicles used by the Tribe, and oversees the disposal or selling of any tribal property.

The Red Lake Nation employs nearly a thousand employees, both full and part time. The Payroll Department processes payroll for employees on both a weekly and bi-weekly schedule.

Timesheets:
All bi-weekly timesheets are due in the Payroll Department at 4:00 PM on the Friday before the regular payroll date. Weekend workers must still submit timesheets on Mondays as soon as possible. Week 1 of the Weekly timesheets are due on Mondays; the Week 2 of the weekly payroll is due with the regular Bi-weekly schedule.

Early check requests:
All early check requests requiring a signature can be left in the “Early Check Box” located at the Payroll Department window. Please be advised that an early payroll check will be processed depending on the availability of Payroll Technicians. Please note that early checks are not available to those on the weekly schedule.

Internal Audit performs two separate types of audit based on 542 Class III and 543 Class II. Class III audit includes, Gaming Machines; Table Games; Cage and Credit; Drop and Count; Cage and Credit; Information Technology; and Complimentary Items or Services.

Class II includes Bingo; Pull Tabs; Card Games; Gaming Promotions and Player Tracking; Complimentary Services or Items; Drop and Count; Cage, Vault, Cash, and Cash equivalents; Information Technology; and Accounting Standards. Internal Audit reports directly to the Tribal Treasurer’s Office.

Internal Audit documentation such as checklists, programs, reports, etc. is prepared to evidence all internal audit work and follow-up performed as it relates to compliance with TICS (Tribal Internal Control System); SICS (System of Internal Control Standards); and MICS (Minimum Internal Control Standards). Audit reports are maintained and made available to the NIGC (National Indian Gaming Commission, established by the Indian Gaming Regulatory Act, 25 U. S. C. 2701 et seq) upon request. Internal Audit findings are reported to management, responded to by management stating corrective measures to be taken regarding all instances of non-compliance and included in the report delivered to management, Red Lake Gaming Board and Red Lake Gaming Commission. Follow-up observations and examinations are performed to verify that corrective action has been taken regarding all instances of non-compliance. The verification is performed within four months following the date of notification of non-compliance.

The Red Lake Gaming Board approves the final report. The report includes the following information: Audit objectives; audit procedures and scope; findings and conclusions; recommendations; management response; follow-up. All material exceptions identified by internal audit work is investigated and resolved. We also perform other audits of individual gaming department upon request.