Finding 481321 (2023-001)

Condition: There is a lack of segregation of accounting duties that enables the same individuals to have access to both physical assets and the related accounting records or to all phases of a transaction. Effect: Transactions could be mishandled. Criteria: Duties should be segregated to provide reasonable assurance that transactions are handled appropriately. Cause: There are a limited number of personnel for certain functions. Identification of a Report Finding: This is a repeat finding from the immediate previous audit, 2022-001. Recommendation: Duties should be segregated to the extent possible. The Board of Directors must remain involved in the financial affairs of the Organization to provide oversight and independent review functions. Views of Responsible Officials and Planned Corrective Actions: The Organization agrees with this finding and will adhere to the corrective action plan in this report.