FAC Explorer

Finding 579609 (2023-001)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2023-12-04
Audit: 5168
Organization: Aiken County Commission on Alcohol and Drug Abuse (SC)
Auditor: Phillips CPAS and Advisors

AI Summary

  • Answer: There's a problem with how accounting duties are divided, allowing the same person to handle both assets and records.
  • Trend: This lack of separation increases the risk of errors or fraud in financial transactions.
  • List: We recommend implementing clear divisions of responsibilities to enhance oversight and accountability.

Finding Text

THERE IS A LACK OF SEGREGATION OF ACCOUNTING DUTIES THAT ENABLES THE SAME INDIVIDUALS TO HAVE ACCESS TO BOTH PHYSICAL ASSETS AND THE RELATED ACCOUNTING RECORDS OR TO ALL PHASES OF A TRANSACTION.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 3163 2023-001
    Significant Deficiency Repeat
  • 3164 2023-001
    Significant Deficiency Repeat
  • 3165 2023-001
    Significant Deficiency Repeat
  • 3166 2023-001
    Significant Deficiency Repeat
  • 3167 2023-001
    Significant Deficiency Repeat
  • 579605 2023-001
    Significant Deficiency Repeat
  • 579606 2023-001
    Significant Deficiency Repeat
  • 579607 2023-001
    Significant Deficiency Repeat
  • 579608 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.788 Opioid Str $175,689
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $72,410
21.027 Coronavirus State and Local Fiscal Recovery Funds $8,372
93.959 Block Grants for Prevention and Treatment of Substance Abuse $3,000