Answer: The organization has a significant issue with segregation of duties in accounting.
Trend: This is a common challenge in small organizations where staffing is limited.
List: Consider implementing compensating controls or cross-training staff to mitigate risks.
Finding Text
Finding: Lack of segregation of duties. Condition: Due to the small size of the Organization, there is not sufficient staff to segregate accounting duties.
Corrective Action Plan
The lack of segregation of duties will remain a finding until the cost to alleviate the finding provides a benefit to the Organization.