Answer: The Organization lacks adequate separation of duties due to a limited number of employees, increasing the risk of errors or fraud.
Trend: This issue is common in smaller organizations where staffing constraints hinder proper internal controls.
List: Recommended follow-up includes exploring options for cross-training staff, implementing oversight measures, and considering temporary or part-time help to strengthen controls.
Finding Text
Condition: The Organization is limited in employees and therefore has a deficiency in separation of duties related to cash receipts, cash disbursements, recording, and reconciling.