Answer: There is a significant issue with bank accounts and accounting processes being mixed together.
Trend: This commingling can lead to inaccuracies in financial reporting and increased risk of fraud.
List: Recommend separating bank accounts from accounting processes, reviewing current practices, and implementing stricter controls.
Finding Text
Bank accounts and accounting process comingling.
Corrective Action Plan
All bank accounts were seperated to ensure no comingling of program funds and expenditure. Non-program income and expense will no longer be cominglied with program funds.