FAC Explorer

Finding 39215 (2022-002)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-03-20
Audit: 37963
Organization: Marion County (SC)
Auditor: Kenneth Cobb & Company PC

AI Summary

  • Core Issue: The County lacks complete segregation of duties due to a small staff size.
  • Impacted Requirements: This increases the risk of management overriding controls, misappropriating assets, and inaccurate financial reporting.
  • Recommended Follow-Up: Consider implementing additional checks or cross-training staff to enhance oversight and reduce risks.

Finding Text

Due to a small staff size, the County does not have complete segregation of duties. Inadequate segregation of duties may make the County susceptible to management override of controls, misappropriation of assets and/or the subsequent concealment of the acts and/or inaccurate financial reporting.

Corrective Action Plan

Council and Administration will continue to use supervisory reviews such as monitoring financial statements and budget reports, and segregate duties where cost beneficial to do so.

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 39214 2022-001
    Significant Deficiency Repeat
  • 39216 2022-001
    Significant Deficiency Repeat
  • 39217 2022-002
    Significant Deficiency Repeat
  • 39218 2022-001
    Significant Deficiency Repeat
  • 39219 2022-002
    Significant Deficiency Repeat
  • 39220 2022-001
    Significant Deficiency Repeat
  • 39221 2022-002
    Significant Deficiency Repeat
  • 39222 2022-001
    Significant Deficiency Repeat
  • 39223 2022-002
    Significant Deficiency Repeat
  • 39224 2022-001
    Significant Deficiency Repeat
  • 39225 2022-002
    Significant Deficiency Repeat
  • 39226 2022-001
    Significant Deficiency Repeat
  • 39227 2022-002
    Significant Deficiency Repeat
  • 615656 2022-001
    Significant Deficiency Repeat
  • 615657 2022-002
    Significant Deficiency Repeat
  • 615658 2022-001
    Significant Deficiency Repeat
  • 615659 2022-002
    Significant Deficiency Repeat
  • 615660 2022-001
    Significant Deficiency Repeat
  • 615661 2022-002
    Significant Deficiency Repeat
  • 615662 2022-001
    Significant Deficiency Repeat
  • 615663 2022-002
    Significant Deficiency Repeat
  • 615664 2022-001
    Significant Deficiency Repeat
  • 615665 2022-002
    Significant Deficiency Repeat
  • 615666 2022-001
    Significant Deficiency Repeat
  • 615667 2022-002
    Significant Deficiency Repeat
  • 615668 2022-001
    Significant Deficiency Repeat
  • 615669 2022-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.26M
20.106 Airport Improvement Program $225,053
93.563 Child Support Enforcement $208,530
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $135,570
16.034 Coronavirus Emergency Supplemental Funding Program $103,182
97.042 Emergency Management Performance Grants $69,087
97.039 Hazard Mitigation Grant $787