FAC Explorer

Finding 479140 (2022-002)

Significant Deficiency
Requirement
AB
Questioned Costs
-
Year
2022
Accepted
2024-07-22
Audit: 315636
Organization: South Central Oregon Economic Development District (OR)
Auditor: Romig & Peile CPAS PC

AI Summary

  • Answer: South Central Oregon Economic Development District failed to adhere to internal controls, leading to unapproved invoice payments.
  • Trend: This issue indicates a pattern of non-compliance with established financial oversight procedures.
  • List: Recommend immediate review of payment processes, retraining staff on compliance protocols, and implementing stricter approval mechanisms.

Finding Text

South Central Oregon Economic Development District did not follow their internal controls over compliance, testing resulted in multiple invoices paid without approval from management or supervisor.

Corrective Action Plan

SCOEDD hired a full-time Finance Director to ensure all internal financial procedures are up to date and invoices are approved by the Executive Director before routing checks for second signature.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 479139 2022-001
    Significant Deficiency
  • 479141 2022-001
    Significant Deficiency
  • 479142 2022-001
    Significant Deficiency
  • 479143 2022-001
    Significant Deficiency
  • 479144 2022-001
    Significant Deficiency
  • 479145 2022-001
    Significant Deficiency
  • 1055581 2022-001
    Significant Deficiency
  • 1055582 2022-002
    Significant Deficiency
  • 1055583 2022-001
    Significant Deficiency
  • 1055584 2022-001
    Significant Deficiency
  • 1055585 2022-001
    Significant Deficiency
  • 1055586 2022-001
    Significant Deficiency
  • 1055587 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
11.307 Economic Adjustment Assistance $426,534
10.767 Intermediary Relending Program $426,245
66.956 Targeted Airshed Grant Program $416,240
11.302 Economic Development_support for Planning Organizations $406,250
10.927 Emergency Watershed Protection Program - Disaster Relief Appropriations Act $146,160
66.818 Brownfields Assessment and Cleanup Cooperative Agreements $90,904
21.027 Coronavirus State and Local Fiscal Recovery Funds $49,194
21.019 Coronavirus Relief Fund $18,559