Finding 1181710 (2025-001)

Material Weakness Repeat Finding
Requirement
A
Questioned Costs
-
Year
2025
Accepted
2026-03-20
Audit: 392955
Organization: Pickens County Water Authority (AL)

AI Summary

  • Answer: The Authority lacks sufficient staff to properly separate duties in cash management.
  • Trend: This deficiency increases the risk of errors and fraud in handling cash transactions.
  • List: Recommend evaluating staffing needs, implementing cross-training, and enhancing oversight procedures.

Finding Text

Condition: The Authority is limited in employees and therefore has a deficiency in separation of duties related to cash receipts, cash disbursements, recording, and reconciliation.

Corrective Action Plan

The Authority utilizes the Board of Directors wherever possible to mitigate control risks associated with having a small staff.

Categories

No categories assigned yet.

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $1.40M