Answer: Internal controls for reviewing and approving expenses were missing for 19 out of 40 items tested.
Trend: This indicates a potential weakness in the expense approval process.
List: Recommend implementing stronger documentation practices for expense reviews and approvals.
Finding Text
Evidence of internal controls being performed related to the review and approval of expenditures/expenses was not present in the support provided for 19 out of 40 expenditure/expense items selected for testing by the auditor.