Finding Text
Segregation of Duties- Criteria: Duties should be segregated to provide reasonable assurance that transactions are handled appropriately. Condition: There is a lack of segregation of duties among Authority personnel. Effect: Transactions could be mishandled. Cause: There are a limited number of personnel for certain functions. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: The duties should continue to be separated as much as possible, and alternative controls should continue to be used to compensate for lack of separation. The governing board should continue to provide some of these controls. Views of responsible officials and planned corrective actions: The Authority agrees with this finding and the Board will continue to provide some of these controls. Please refer to the corrective action plan.