FAC Explorer

Finding 392222 (2023-001)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-04-03
Audit: 302435
Organization: Voices of Stephenson County (IL)
Auditor: Benning Group LLC

AI Summary

  • Answer: There is insufficient segregation of duties in the accounting area at VOICES.
  • Trend: This issue arises from having a limited number of employees, which increases risk.
  • List: Review staffing levels and consider cross-training or reallocating responsibilities to enhance internal controls.

Finding Text

A fundamental element of internal control is the segregation of certain key duties and responsibilities, such as custody of assets, authorization or approval of transactions, recording or reporting transactions, and execution of transactions. VOICES has a lack of segregation of duties in the accounting area due to the limited number of employees.

Corrective Action Plan

It is not economically feasible to hire additional staff to resolve the segregation of duties issue. The board will continue to review financial statements, budget vs. actual results, bank reconciliations and expense reports. See full Corrective Action Plan on district letterhead.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 968664 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
16.575 Crime Victim Assistance $209,502
14.231 Emergency Solutions Grant Program $166,280
16.034 Coronavirus Emergency Supplemental Funding Program - Voca Dv $150,437
93.667 Social Services Block Grant $121,644
14.267 Continuum of Care Program $68,335
93.671 Family Violence Prevention and Services/domestic Violence Shelter and Supportive Services $63,308
93.497 Family Violence Prevention and Services/ Sexual Assault/rape Crisis Services and Supports $61,200
16.052 Stop Grant $55,688
16.034 Coronavirus Emergency Supplemental Funding Program - Voca Dv Covid-19 $11,827
16.034 Coronavirus Emergency Supplemental Funding Program - Icasa Icjia Cesf $7,135
97.024 Emergency Food and Shelter National Board Program $975
93.136 Injury Prevention and Control Research and State and Community Based Programs $140