Finding Text
Criteria: Reporting of payroll tax liabilities.
Condition: The District did not reconcile the payroll tax liability accounts on a timely basis.
Questioned Costs: Accuracy of the liabilities.
Context: The payroll tax liabilities constitutes the basic underlying accounting records for the District's payroll taxes.
Effect: The District has not reported the correct balance in the payroll tax liability accounts.
Cause: The District has had a high amount of turnover in the business office over the past several years.
Recommendation: The District should reconcile the payroll tax liability accounts to supporting documentation on a monthly basis.
Management's Response: The District will assign the appropriate personnel to complete the reconciliations on a timely basis.