FAC Explorer

Finding 1227624 (2025-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-08-24
Audit: 409658
Organization: Alliance of Indiana Rural Water, Inc. (IN)
Auditor: LWG CPAS & ADVISORS LLC

AI Summary

  • Answer: There is a lack of proper segregation of duties in accounting tasks at Alliance of Indiana Rural Water.
  • Trend: This issue has been ongoing and was noted for the year ending December 31, 2025.
  • List: Review and implement stronger controls to ensure duties are appropriately segregated among employees.

Finding Text

More than one employee has the ability to complete multiple parts of tasks. For the year ended December 31, 2025, Alliance of Indiana Rural Water has failed to appropriately segregate duties in certain accounting areas consistent with control objectives.

Corrective Action Plan

Regarding finding number 2025-001; Management is aware that there is a lack of segregation of duties. It would not be cost effective to hire additional employees to properly segregate duties at this time. Management performs additional procedures to mitigate this risk. We do not have an anticipated time frame for hiring additional employees to mitigate this risk. The responsible contact person regarding this significant deficiency is Kristin Bean, Executive Director.

Categories

No categories assigned yet.

Programs in Audit

ALN Program Name Expenditures
10.761 WATER AND WASTE TECHNICAL ASSISTANCE AND TRAINING GRANTS $627,004
10.U10 CIRCUIT RIDER CONTRACT $437,495
66.424 SURVEYS, STUDIES, INVESTIGATIONS, DEMONSTRATIONS, AND TRAINING GRANTS - SECTION 1442 OF THE SAFE DRINKING WATER ACT $175,646
10.U10 SOURCEWATER PROTECTION PROGRAM $122,779
66.U10 SAFE DRINKING WATER ACT COMPLIANCE $52,104