FAC Explorer

Finding 3163 (2023-001)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2023-12-04
Audit: 5168
Organization: Aiken County Commission on Alcohol and Drug Abuse (SC)
Auditor: Phillips CPAS and Advisors

AI Summary

  • Answer: There's a problem with how accounting duties are divided, allowing the same person to handle both assets and records.
  • Trend: This lack of separation increases the risk of errors or fraud in financial transactions.
  • List: We recommend implementing clear divisions of responsibilities to enhance oversight and accountability.

Finding Text

THERE IS A LACK OF SEGREGATION OF ACCOUNTING DUTIES THAT ENABLES THE SAME INDIVIDUALS TO HAVE ACCESS TO BOTH PHYSICAL ASSETS AND THE RELATED ACCOUNTING RECORDS OR TO ALL PHASES OF A TRANSACTION.

Corrective Action Plan

THE DUTIES WILL BE SEGREGATED AS MUCH AS POSSIBLE AND THE BOARD OF COMMISSIONERS WILL REMAIN INVOLVED IN REVIEWING THE FINANCIAL STATEMENTS OF THE COMMISSION.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 3164 2023-001
    Significant Deficiency Repeat
  • 3165 2023-001
    Significant Deficiency Repeat
  • 3166 2023-001
    Significant Deficiency Repeat
  • 3167 2023-001
    Significant Deficiency Repeat
  • 579605 2023-001
    Significant Deficiency Repeat
  • 579606 2023-001
    Significant Deficiency Repeat
  • 579607 2023-001
    Significant Deficiency Repeat
  • 579608 2023-001
    Significant Deficiency Repeat
  • 579609 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.788 Opioid Str $175,689
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $72,410
21.027 Coronavirus State and Local Fiscal Recovery Funds $8,372
93.959 Block Grants for Prevention and Treatment of Substance Abuse $3,000