Finding Text
Information on universe: Internal control testing.
Sample size: Six employees selected for internal control testing.
Identification of repeat finding: Repeat finding.
Condition: Additional detail and documentation is needed on time sheets for allocation to projects from one employee.
Criteria: All allocable time should have sufficient detail of duties performed.
Effect: Without stronger controls around allocations, improper allocations could occur.
Context: Auditor selected timesheets for payroll control testing.
Cause: Lack of policy surrounding time reporting.
Recommendation: Job duties should be documented for each position and implement a policy to ensure all time sheets detail out the duties performed.