FAC Explorer

Finding 634900 (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.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 58458 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