Finding 584528 (2023-001)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-01-10
Audit: 10634
Organization: Village of Durand (IL)

AI Summary

  • Answer: Some accounting staff have overlapping duties that compromise internal controls.
  • Trend: This issue highlights a recurring problem with duty segregation in the accounting department.
  • List: Review and adjust staff roles to ensure proper segregation of duties is maintained.

Finding Text

Certain members of the accounting staff have duties incompatible with proper segregation of duties. A fundamental element of internal control is the segregation of certain key duties and responsibilities.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 8086 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
20.205 Highway Planning and Construction $1.31M
21.027 Coronavirus State and Local Fiscal Recovery Funds $25,000