Answer: Program income was only verified by one person, not the required two.
Trend: This could lead to inaccuracies in financial reporting and potential compliance issues.
List: Ensure dual verification for program income; review current processes; provide training if necessary.
Finding Text
Test of controls of program income found a instance where program income was only counted by one individual instead of two.
Corrective Action Plan
Our financial staff has offered additional training for staff one the proper procedure, discussed the importance of the control of program income and used disciplinary procedures as appropriate to reach better compliance.