Achievements of Shannon Teresi

Shannon Teresi McHenry County Auditor

History and Professional Experience

Shannon Teresi worked as an audit and tax professional for PricewaterhouseCoopers, Big 4 accounting firm where she obtained professional auditing and financial experience at a top firm in Chicago.


In 2010, Shannon Teresi worked for the McHenry County Auditor's Office in 2010 as their Internal Auditor and moved into the Financial Reporting Manager/Chief Deputy position. In that role, her main duty was to prepare the County's financial statements and government accounting.


Shannon Teresi was appointed in April 2018 because the prior County Auditor retired in January 2018.   Shannon went on to be elected in the November 2018 election by the voters.  

County Auditor Accomplishments

Shannon Teresi implemented a paperless/electronic bill approval process Countywide, which saves staff time through out all departments.  Instead of County staff in each department moving the hard copy invoices throughout the departments and then to the Auditor's Office for approval; approval is obtained electronically by the department head and then routed to the Auditor's Office for approval. 


Shannon Teresi implemented a requisition and purchase order approval process by the Auditor's Office to comply with the Auditor statute.  Taxpayer dollars are saved daily because Auditor's Office verifies every purchase request services a public purpose and has board approval.  It stops wasteful purchases that don't benefit McHenry County.


Shannon implemented a department head and Auditor's Office review over wire transfers to ensure payments are authorized and have adequate support.

  

To view a few of her audits please click HERE and on the left of the auditor homepage there is a link to internal audit reports.

Internal Audit Highlights

 Posted internal audits online to increase transparency for the taxpayers. 


Performed Wire/ACH internal audit and recommended proper documented approvals and wire payments and adequate support.


Performed internal audits over salary employees and noted non-compliance with personnel policy manual and employment contracts.


Performed internal audits over the County's decentralized bank accounts to ensure oversight, support and public purpose.

Academics

Bachelors in Accounting from Northern Illinois University

Masters in Accounting from Northern Illinois University

Certified Public Accountant (CPA)

Certified Internal Auditor (CIA)

Certified Risk Management Assurance (CRMA)

Certified Fraud Examiner (CFE)

Received academic scholarships for a full ride to Northern Illinois University and a graduate assistant-ship for Shannon's Masters.

Beta Alpha Psi - Honor Society for Financial  - Reporting Director