FAC Explorer

Finding 509630 (2022-001)

Material Weakness Repeat Finding
Requirement
ABCEFGHIJLMNP
Questioned Costs
-
Year
2022
Accepted
2024-11-21
Audit: 329233
Organization: Aging Projects, Inc. (KS)
Auditor: Daniel L Drake CPA PA

AI Summary

  • Answer: There is a lack of proper segregation of duties in the accounting system.
  • Trend: This issue can lead to increased risk of errors or fraud.
  • List: Review roles and responsibilities, implement checks and balances, and ensure compliance with best practices.

Finding Text

Proper segregation of duties does not exist in the accounting system

Corrective Action Plan

The size of the Organization prohibits hiring additional personnel. Duties have always been segregated where possible and currently another staff person is being trained in recording and summarizing transactions to further break out duties. The Board of Directors is involved where possible.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 509631 2022-001
    Material Weakness Repeat
  • 509632 2022-002
    Material Weakness Repeat
  • 509633 2022-002
    Material Weakness Repeat
  • 509634 2022-003
    Material Weakness Repeat
  • 509635 2022-003
    Material Weakness Repeat
  • 1086072 2022-001
    Material Weakness Repeat
  • 1086073 2022-001
    Material Weakness Repeat
  • 1086074 2022-002
    Material Weakness Repeat
  • 1086075 2022-002
    Material Weakness Repeat
  • 1086076 2022-003
    Material Weakness Repeat
  • 1086077 2022-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
93.045 Special Programs for the Aging, Title Iii, Part C, Nutrition Services $1.38M
10.558 Child and Adult Care Food Program $544,239