Finding Text
2022-001 Inadequate Segregation of duties CURRENT CONDITION: The Housing Authority of the City of Greeley did not utilize staff to adequately segregate duties. Internal controls have not been designed to allow for preparation processes and then segregated review processes. Specifically, segregation of duties was not present for the payroll functions, bank reconciliations and journal entries. 36 HOUSING AUTHORITY OF THE CITY OF GREELEY Greeley, Colorado DECEMBER 31, 2022 SCHEDULE OF FINDINGS AND QUESTIONED COSTS SECTION III - FEDERAL AWARD FINDINGS AND QUESTIONED COSTS (Continued) 2022-001 Inadequate Segregation of duties (continued) CFDA#: 14.871 CRITERIA: The green book requires internal control and segregation of duties. CAUSE: The Authority had personnel changes during covid and did not distribute functions with adequate review and oversite. EFFECT: The Authority has experienced mistakes in accounting functions. RECOMMENDATION: The Authority should put procedures in place to require checks and balances in the accounting personnel functions. VIEWS OF RESPONSIBLE OFFICIALS: We will comply with the Auditor?s recommendation. DISCUSSED WITH: Tom Teixeira, September 15, 2023