FAC Explorer

Finding 807 (2023-001)

Significant Deficiency Repeat Finding
Requirement
A
Questioned Costs
-
Year
2023
Accepted
2023-10-27
Audit: 1566
Organization: Iowa Oncology Research Association (IA)
Auditor: Pittman & Company LLP

AI Summary

  • Answer: There is a significant issue with the lack of segregation of duties in our processes.
  • Trend: This increases the risk of errors and fraud, as one individual has too much control over key tasks.
  • List: We recommend implementing clear role definitions and checks to ensure duties are properly separated.

Finding Text

Lack of segregation of duties.

Corrective Action Plan

Management will continue to implement and monitor internal controls to mitigate risks related to segregation of duties.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 808 2023-002
    Significant Deficiency Repeat
  • 577249 2023-001
    Significant Deficiency Repeat
  • 577250 2023-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.399 Cancer Control $1.30M