Finding 1089081 (2023-002)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-12-02
Audit: 330446
Organization: University Physician Group (MI)
Auditor: Melo USA PC

AI Summary

  • Answer: The Organization lacks an internal control system for proper segregation of duties in accounting.
  • Trend: This issue can lead to increased risk of errors and fraud in financial reporting.
  • List: Implement a robust internal control system to ensure duties are properly segregated.

Finding Text

The Organization does not currently have an internal control system to allow for proper segregation of duties in certain areas of the accounting function.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 512638 2023-001
    Material Weakness Repeat
  • 512639 2023-002
    Significant Deficiency Repeat
  • 512640 2023-003
    Material Weakness Repeat
  • 512641 2023-004
    Material Weakness Repeat
  • 512642 2023-005
    Material Weakness Repeat
  • 1089080 2023-001
    Material Weakness Repeat
  • 1089082 2023-003
    Material Weakness Repeat
  • 1089083 2023-004
    Material Weakness Repeat
  • 1089084 2023-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
93.498 Provider Relief Fund and American Rescue Plan (arp) Rural Distribution $1.29M