Answer: There is a material weakness in internal controls related to revenue management.
Trend: This issue highlights ongoing concerns about compliance with reporting requirements.
List: Follow up by implementing proper segregation of duties to strengthen internal controls.
Finding Text
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues which affect the reporting compliance requirement category.
Categories
Internal Control / Segregation of DutiesMaterial WeaknessReporting