Answer: We found issues with cash disbursements during our testing.
Trend: There are recurring problems with documentation, specifically missing hours on timesheets and lack of invoice approvals.
List: Follow up on the two timesheet exceptions and the one invoice approval exception to ensure compliance.
Finding Text
During our testing of cash disbursements, we noted the following: 1. Timesheet provided does not show hours worked. 2 (two) exceptions were noted
2. No approval on vendor’s invoice. 1 (one) exceptions were noted.