FAC Explorer

Finding 517893 (2024-001)

Significant Deficiency
Requirement
A
Questioned Costs
-
Year
2024
Accepted
2025-01-07
Audit: 336149
Organization: Town of Grantsville (MD)
Auditor: R Joanne Sheffield CPA

AI Summary

  • Answer: There are gaps in the segregation of duties, increasing the risk of errors or fraud.
  • Trend: This issue has been recurring in previous audits, indicating a need for consistent oversight.
  • List: Review current roles, implement checks and balances, and provide training on proper duty segregation.

Finding Text

Segregation of duties

Corrective Action Plan

To review internal controls and determine if duties can be segregated.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 517894 2024-001
    Significant Deficiency
  • 517895 2024-001
    Significant Deficiency
  • 517896 2024-001
    Significant Deficiency
  • 517897 2024-001
    Significant Deficiency
  • 517898 2024-001
    Significant Deficiency
  • 517899 2024-001
    Significant Deficiency
  • 1094335 2024-001
    Significant Deficiency
  • 1094336 2024-001
    Significant Deficiency
  • 1094337 2024-001
    Significant Deficiency
  • 1094338 2024-001
    Significant Deficiency
  • 1094339 2024-001
    Significant Deficiency
  • 1094340 2024-001
    Significant Deficiency
  • 1094341 2024-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
10.760 Water and Waste Disposal Systems for Rural Communities $239,041
10.780 Loan $202,000
21.027 Coronavirus State and Local Fiscal Recovery Funds $201,720
10.766 Community Facilities Loans and Grants $104,501
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $20,179