With an executive leadership shift that took place in January of 2024, North River Commission, has
been revising its staff positions, financial and organization’s processes and its policies, in
order to appropriately manage its rapid growth. North River Commission will enforce policies and
strict management of financial operations moving forward. Specific modifications and
implementations of processes to be completed by North River Commission staff are as follows as they
relate to the above findings:
Action 1: Review and update payment approval policies to ensure clear procedures for documentation
and authorization.
Action 2: Review and update the payment approval policy to ensure that all payments require
documentation of review and approval by authorized personnel.
Action 3: Provide training for all personnel involved in payment processing on the importance of
proper approval and documentation procedures. Conduct training sessions for finance and procurement
staff on the updated payment approval procedures, emphasizing the importance of proper
documentation.
Action 4: Implement a system to track the approval status of each payment, with automatic alerts
for missing approvals prior to payment processing.
The organization is committed to strengthening its internal controls around payment approval. The
corrective actions outlined in this plan will address the audit findings and help ensure that all
payments are properly reviewed and authorized in compliance with internal policies.