Finding Text
Statement of Condition: Residual receipts balance is over the calculated compliance amount. Cause: The prior years surplus cash amount was deposited into the residual receipts account. However, approval was
not requested to pay excess residual receipts. Effect: Residual receipts balance is over the compliance
amount. Auditor Non-Compliance Code: Z. Questioned Costs: $6,209. Reporting View of Responsible
Officials: The Organization agrees with the finding. The auditor's recommendations are in the process of being
implemented. Context: Review of the residual receipt activity showed that the client had deposited surplus cash money into the account; however, approval was never not sought to pay back excess residual receipts. Recommendation: Training of staff should be performed to bring the staff up to date with all residual receipts compliance requirements.