FAC Explorer

Finding 58458 (2022-002)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-02-19
Audit: 54410
Organization: City of Anita (IA)
Auditor: Schroer & Associates PC

AI Summary

  • Answer: The City failed to separate duties for handling receipts, which is a key control measure.
  • Trend: This issue could lead to increased risk of errors or fraud, especially with federal program funds.
  • List: Recommend implementing clear roles for collection, deposit, and record-keeping to enhance accountability.

Finding Text

The City did not properly segregate collection, deposit and record-keeping for receipts, including those related to federal programs.

Corrective Action Plan

We will continue to review our procedures and implement controls when possible.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 634900 2022-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.760 Water and Waste Disposal Systems for Rural Communities $5.09M
10.766 Community Facilities Loans and Grants $136,000
97.044 Assistance to Firefighters Grant $48,858