FAC Explorer

Finding 478109 (2023-001)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-07-10
Audit: 314819
Organization: Shawano County Housing Authority (WI)
Auditor: Kerberrose Sc

AI Summary

  • Answer: There are gaps in the segregation of duties, increasing the risk of errors or fraud.
  • Trend: This issue has been noted in previous audits, indicating a persistent lack of compliance.
  • List: Review current roles, implement checks and balances, and provide training on proper duty segregation.

Finding Text

Segregation of Duties

Corrective Action Plan

The Authority is aware of the lack of segregation of duties caused by the limited size of its staff. Segregation of duties is enhanced whenever possible and the Board of Comissioners assumes an active roll through monthly review of receipt and disbursement transactions and monthly financial statements.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 478110 2023-001
    Significant Deficiency Repeat
  • 478111 2023-001
    Significant Deficiency Repeat
  • 478112 2023-001
    Significant Deficiency Repeat
  • 478113 2023-002
    Significant Deficiency Repeat
  • 478114 2023-002
    Significant Deficiency Repeat
  • 478115 2023-002
    Significant Deficiency Repeat
  • 478116 2023-002
    Significant Deficiency Repeat
  • 1054551 2023-001
    Significant Deficiency Repeat
  • 1054552 2023-001
    Significant Deficiency Repeat
  • 1054553 2023-001
    Significant Deficiency Repeat
  • 1054554 2023-001
    Significant Deficiency Repeat
  • 1054555 2023-002
    Significant Deficiency Repeat
  • 1054556 2023-002
    Significant Deficiency Repeat
  • 1054557 2023-002
    Significant Deficiency Repeat
  • 1054558 2023-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
14.850 Public and Indian Housing $279,888
14.872 Public Housing Capital Fund $75,889