Finding Text
Dual Check Signers Our audit revealed that all checks disbursed from the Operating account only used one signer for the check. Pinn Gardens, Inc.’s policy is to have two check signers for each check disbursement. This occurred due to understaffing. Failure to comply with the company’s own policy could result in errors or irregularities going undetected. Recommendation We recommend that the Board of Directors update the policy in accordance with established policies.