Answer: There are gaps in the segregation of duties, increasing the risk of errors or fraud.
Trend: This issue has been noted in previous audits, indicating a persistent lack of compliance.
List: Review current roles, implement checks and balances, and provide training on proper duty segregation.
Finding Text
Segregation of Duties
Corrective Action Plan
This finding will not completely resolve given the limited amount of financial staff and limited financial resources of
the Organization. The Organization will rely on Board oversight and review of financial records.