Finding Text
Context: During our consideration of the design and implementation of internal controls for the Decatur - Morgan County Port Authority, we noted that there is a lack of segregation of duties. Effect: This condition does not allow for the adequate separation of accounting tasks. Cause: This is typical for an organization of the size and complexity of the Decatur-Morgan Co. Port Authority. Recommendation: Professional standards require us to report that there is a lack of segregation of duties for the Authority’s accounting function. This lack of segregation is typical for an organization the size and complexity of the Authority. However, professional standards require that this control weakness be disclosed to the Board of Directors. Views of Management: Management agrees with the finding and recognizes that due to the size and complexity of the organization this weakness exists.