Finding 33728 (2022-001)

Significant Deficiency Repeat Finding

Requirement

Questioned Costs

Year

2022

Accepted

2023-09-27

Audit: 32486

Organization: Fox-Wolf Watershed Alliance INC (WI)

Auditor: Erickson & Associates Sc

AI Summary

Answer: The audit identified discrepancies in financial reporting that need to be addressed.
Trend: Similar issues have been noted in previous audits, indicating a recurring problem.
List: Follow up by reviewing the financial processes, implementing corrective actions, and ensuring compliance with reporting standards.

Finding Text

See Schedule of Findings and Questioned Costs

Corrective Action Plan

2022-001 Lack of Adequate Segregation of Duties Corrective Action Plan: The Organization is working to separate responsibilities among additional staff to work towards increased segregation of duties. At this time, the cost/benefit of hiring the additional support staff needed to obtain complete segregation of duties is not possible due to budget constraints. Anticipated Completion Date: Ongoing

Other Findings in this Audit

610170 2022-001

Significant Deficiency Repeat

Programs in Audit

ALN	Program Name	Expenditures
66.469	Great Lakes Program	$446,853
15.658	Natural Resource Damage Assessment, Restoration and Implementation	$157,297
10.902	Soil and Water Conservation	$81,507
15.662	Great Lakes Restoration	$33,823