FAC Explorer

Finding 1120926 (2022-001)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2025-03-31
Audit: 351154
Organization: Coosa Valley Regional Services and Development Corporation (GA)
Auditor: Rl Jennings & Associates PC

AI Summary

  • Core Issue: Key duties are not segregated, increasing the risk of errors or fraud in financial transactions.
  • Impacted Requirements: Segregation of duties is essential for cash management, accounts receivable, accounts payable, and payroll functions.
  • Recommended Follow-Up: Implement better segregation of duties and enhance board oversight to mitigate risks.

Finding Text

Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 26 in this audit report.

Categories

Internal Control / Segregation of Duties Cash Management Reporting

Other Findings in this Audit

  • 544484 2022-001
    Significant Deficiency
  • 544485 2022-002
    Significant Deficiency
  • 544486 2022-003
    Significant Deficiency
  • 544487 2022-001
    Significant Deficiency
  • 544488 2022-002
    Significant Deficiency
  • 544489 2022-003
    Significant Deficiency
  • 544490 2022-001
    Significant Deficiency
  • 544491 2022-002
    Significant Deficiency
  • 544492 2022-003
    Significant Deficiency
  • 544493 2022-001
    Significant Deficiency
  • 544494 2022-002
    Significant Deficiency
  • 544495 2022-003
    Significant Deficiency
  • 544496 2022-001
    Significant Deficiency
  • 544497 2022-002
    Significant Deficiency
  • 544498 2022-003
    Significant Deficiency
  • 544499 2022-001
    Significant Deficiency
  • 544500 2022-002
    Significant Deficiency
  • 544501 2022-003
    Significant Deficiency
  • 544502 2022-001
    Significant Deficiency
  • 544503 2022-002
    Significant Deficiency
  • 544504 2022-003
    Significant Deficiency
  • 544505 2022-001
    Significant Deficiency
  • 544506 2022-002
    Significant Deficiency
  • 544507 2022-003
    Significant Deficiency
  • 544508 2022-004
    Significant Deficiency
  • 544509 2022-004
    Significant Deficiency
  • 544510 2022-004
    Significant Deficiency
  • 544511 2022-004
    Significant Deficiency
  • 544512 2022-004
    Significant Deficiency
  • 544513 2022-004
    Significant Deficiency
  • 544514 2022-004
    Significant Deficiency
  • 544515 2022-004
    Significant Deficiency
  • 1120927 2022-002
    Significant Deficiency
  • 1120928 2022-003
    Significant Deficiency
  • 1120929 2022-001
    Significant Deficiency
  • 1120930 2022-002
    Significant Deficiency
  • 1120931 2022-003
    Significant Deficiency
  • 1120932 2022-001
    Significant Deficiency
  • 1120933 2022-002
    Significant Deficiency
  • 1120934 2022-003
    Significant Deficiency
  • 1120935 2022-001
    Significant Deficiency
  • 1120936 2022-002
    Significant Deficiency
  • 1120937 2022-003
    Significant Deficiency
  • 1120938 2022-001
    Significant Deficiency
  • 1120939 2022-002
    Significant Deficiency
  • 1120940 2022-003
    Significant Deficiency
  • 1120941 2022-001
    Significant Deficiency
  • 1120942 2022-002
    Significant Deficiency
  • 1120943 2022-003
    Significant Deficiency
  • 1120944 2022-001
    Significant Deficiency
  • 1120945 2022-002
    Significant Deficiency
  • 1120946 2022-003
    Significant Deficiency
  • 1120947 2022-001
    Significant Deficiency
  • 1120948 2022-002
    Significant Deficiency
  • 1120949 2022-003
    Significant Deficiency
  • 1120950 2022-004
    Significant Deficiency
  • 1120951 2022-004
    Significant Deficiency
  • 1120952 2022-004
    Significant Deficiency
  • 1120953 2022-004
    Significant Deficiency
  • 1120954 2022-004
    Significant Deficiency
  • 1120955 2022-004
    Significant Deficiency
  • 1120956 2022-004
    Significant Deficiency
  • 1120957 2022-004
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
93.044 Special Programs for the Aging_title Iii, Part B_grants for Supportive Services and Senior Centers $276,949
93.053 Nutrition Services Incentive Program $71,464
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $12,442