Finding Text
Segregation of Duties
Condition: We noted that there is a lack of segregation of duties in the Borough’s accounting department due to its limited number of employees.
Criteria: The Borough should have an adequate number of personnel necessary to facilitate a complete segregation of duties.
Cause: The Borough does not have the resources necessary to employ additional personnel.
Effect: The Borough does not have an adequate number of personnel necessary to facilitate a complete segregation of duties.
Recommendations: The employment of additional personnel necessary to facilitate a complete segregation of duties may not be justified from a cost/benefit standpoint, therefore, we recommend that the Borough remain aware of this limitation and continually monitor the accounting function in order to mitigate this limitation.
Response: The Borough currently employs a Secretary/Treasurer to run the day-to-day operations. The Borough will continue to evaluate the need to employ additional personnel.