Finding 1174643 (2024-002)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2026-02-19
Audit: 388149
Organization: Town of Pageland (SC)

AI Summary

  • Answer: Year-end cash balances lack sufficient documentation.
  • Trend: This issue may indicate ongoing problems with financial record-keeping.
  • List: Recommend reviewing cash balance support processes and enhancing documentation practices.

Finding Text

Inadequate support for year end cash balances.

Corrective Action Plan

The Town concurs with the Finding. The Town will provide additional training to staff that prepare reconciliations and will stregthen management review.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1174642 2024-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $994,883