FAC Explorer

Finding 1164324 (2023-005)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2025-12-10
Audit: 373746
Organization: Consolidated Public Water Supply District No 1 of Clark County Mo (MO)
Auditor: HARDEN CUMMINS MOSS & MILLER LLC

AI Summary

  • Answer: The District lacks a formal policy for managing internal controls related to grant funds.
  • Trend: This absence of policy may lead to inconsistent handling of grant funds and increased risk of misuse.
  • List: Recommend developing a comprehensive written policy to establish clear guidelines and ensure proper oversight of grant funds.

Finding Text

The District did not have a written policy on internal controls over grant funds.

Corrective Action Plan

Subsequent to year-end, the District’s Board approved a written policy on internal controls over grant funds.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1164320 2023-001
    Material Weakness Repeat
  • 1164321 2023-002
    Material Weakness Repeat
  • 1164322 2023-003
    Material Weakness Repeat
  • 1164323 2023-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.760 WATER AND WASTE DISPOSAL SYSTEMS FOR RURAL COMMUNITIES $1.89M