FAC Explorer

Finding 1089913 (2024-001)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2024-12-08
Audit: 331352
Organization: Aiken County Commission on Alcohol and Drug Abuse (SC)
Auditor: Phillips CPAS and Advisors

AI Summary

  • Answer: There's a problem with how accounting duties are divided, allowing the same person to handle both assets and records.
  • Trend: This lack of separation increases the risk of errors or fraud in financial transactions.
  • List: We recommend implementing clear divisions of responsibilities to enhance oversight and accountability.

Finding Text

THERE IS A LACK OF SEGREGATION OF ACCOUNTING DUTIES THAT ENABLES THE SAME INDIVIDUALS TO HAVE ACCESS TO BOTH PHYSICAL ASSETS AND THE RELATED ACCOUNTING RECORDS OR TO ALL PHASES OF A TRANSACTION.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 513468 2024-001
    Significant Deficiency Repeat
  • 513469 2024-001
    Significant Deficiency Repeat
  • 513470 2024-001
    Significant Deficiency Repeat
  • 513471 2024-001
    Significant Deficiency Repeat
  • 513472 2024-001
    Significant Deficiency Repeat
  • 1089910 2024-001
    Significant Deficiency Repeat
  • 1089911 2024-001
    Significant Deficiency Repeat
  • 1089912 2024-001
    Significant Deficiency Repeat
  • 1089914 2024-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.788 Opioid Str $170,694
93.243 Substance Abuse and Mental Health Services Projects of Regional and National Significance $61,156
21.027 Coronavirus State and Local Fiscal Recovery Funds $25,562
93.959 Block Grants for Prevention and Treatment of Substance Abuse $3,000