FAC Explorer

Finding 479597 (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

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 479596 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