Finding Text
Information on universe: Payroll control testing.
Sample size: Five employees selected for internal control testing.
Identification of repeat finding: Yes, 2023-002
Condition: Lack of review and approvals on time allocated and charged to the property as well as one employee missing allocations.
Criteria: Allocation sheets should be reviewed and approved.
Effect: The property could be charged the wrong amounts for payroll.
Context: Auditor selected timesheets for payroll control testing.
Cause: Lack of review and approvals.
Recommendation: Allocation sheets should be reviewed in detail and approved.