Answer: The City failed to properly separate duties for handling receipts, which includes collection, deposit, and record-keeping.
Trend: This lack of segregation increases the risk of errors or fraud, especially concerning federal program funds.
List: Recommend implementing clear roles and responsibilities to ensure proper segregation of duties moving forward.
Finding Text
Segregation of Duties ? The City did not properly segregate collection, deposit and record-keeping for receipts, including those related to federal programs.
Corrective Action Plan
We will continue to review our procedures and implement controls when possible.