FAC Explorer

Finding 1081960 (2024-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2024-11-13
Audit: 328218
Organization: City of Gilman (IL)
Auditor: Fox CPA Group LTD

AI Summary

  • Answer: The city's accounting functions lack proper segregation of duties.
  • Trend: This issue could lead to increased risk of errors or fraud.
  • List: Review and adjust roles to ensure clear separation of responsibilities.

Finding Text

The city has a less than ideal segregation of duties within the City's accounting functions.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 505518 2024-001
    Material Weakness Repeat
  • 505519 2024-002
    Significant Deficiency Repeat
  • 505520 2024-002
    Significant Deficiency Repeat
  • 505521 2024-001
    Material Weakness Repeat
  • 1081961 2024-002
    Significant Deficiency Repeat
  • 1081962 2024-002
    Significant Deficiency Repeat
  • 1081963 2024-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
66.458 Clean Water State Revolving Fund $1.39M
66.468 Drinking Water State Revolving Fund $241,497