FAC Explorer

Finding 1056157 (2023-002)

Significant Deficiency
Requirement
ABCHI
Questioned Costs
-
Year
2023
Accepted
2024-07-30
Audit: 316282
Organization: City of Kearney, Nebraska (NE)
Auditor: Kso Cpa's & Advisors PC

AI Summary

  • Answer: There is a significant deficiency in internal controls due to inadequate segregation of duties.
  • Trend: This issue can lead to increased risk of errors or fraud in financial reporting.
  • List: Review and adjust roles to ensure proper segregation of duties and mitigate risks.

Finding Text

Significant Deficiency in Internal Control over Financial Reporting - Inadequate Segregation of Duties.

Categories

Internal Control / Segregation of Duties Reporting Significant Deficiency

Other Findings in this Audit

  • 479715 2023-002
    Significant Deficiency
  • 479716 2023-003
    Material Weakness
  • 479717 2023-002
    Significant Deficiency
  • 479718 2023-003
    Material Weakness
  • 479719 2023-002
    Significant Deficiency Repeat
  • 1056158 2023-003
    Material Weakness
  • 1056159 2023-002
    Significant Deficiency
  • 1056160 2023-003
    Material Weakness
  • 1056161 2023-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
20.106 Airport Improvement Program $7.05M
66.458 Clean Water State Revolving Fund $5.88M
66.468 Drinking Water State Revolving Fund $2.35M
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.16M
97.090 Law Enforcement Officer Reimbursement Agreement Program $22,780
20.600 State and Community Highway Safety $13,717
16.607 Bulletproof Vest Partnership Program $11,690
11.307 Economic Adjustment Assistance Program $7,518
21.016 Equitable Sharing $3,945
20.616 National Priority Safety Programs $606