Finding Text
2024-001 – Payroll – Timesheet Approval Condition: Our audit procedures disclosed that several timesheets lacked the required supervisor approval signature. Criteria: Proper internal control requires payroll costs to be supported by proper time and effort documentation as well as supervisor approvals. Effect: These practices could allow for unsupported personnel costs to be charged to the program or overall organization. Cause: Homeward Bound Adirondack, Inc. did not have procedures in place to adequately review payroll documentation and document the approval. Recommendation: We recommend that timecards be approved by supervisors prior to the processing of payroll. This supervisor review should be documented with a sign-off once reviewed. Response: Homeward Bound Adirondacks, Inc. agrees with the finding and will implement procedures to address the recommendation in 2025.