FAC Explorer

Finding 479596 (2023-001)

Significant Deficiency Repeat Finding
Requirement
A
Questioned Costs
-
Year
2023
Accepted
2024-07-29
Audit: 316141
Organization: Town of Westernport (MD)
Auditor: R Joanne Sheffield CPA

AI Summary

  • Core Issue: Lack of proper segregation of duties increases the risk of fraud and errors in financial processes.
  • Impacted Requirements: Compliance with internal controls and regulatory standards is compromised.
  • Recommended Follow-Up: Review and adjust roles and responsibilities to ensure clear separation of duties among staff.

Finding Text

SEGREGATION OF DUTIES

Corrective Action Plan

TOWN PLANS TO REVIEW INTERNAL CONTROLS

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 479597 2023-001
    Significant Deficiency Repeat
  • 1056038 2023-001
    Significant Deficiency Repeat
  • 1056039 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
10.780 US Department of Agriculture $595,000
21.027 Department of the Treasury $489,555