Finding 962521 (2023-004)

Material Weakness
Requirement
ABFGIN
Questioned Costs
-
Year
2023
Accepted
2024-03-27
Audit: 298433
Organization: Howard County (IA)

AI Summary

  • Answer: The County failed to separate key financial duties for federal revenue management.
  • Trend: This lack of segregation increases the risk of errors and fraud in handling federal funds.
  • List: Recommend implementing clear roles for custody, record-keeping, and reconciliation to improve oversight.

Finding Text

Segregation of Duties over Federal Revenues- The County did not properly segregate custody, record-keeping and reconciling functions for revenues, including those related to federal programs.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 386079 2023-004
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
20.205 Highway Planning and Construction $893,708
21.027 Coronavirus State and Local Fiscal Recovery Funds $406,330
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $29,757
16.575 Crime Victim Assistance $16,380
93.778 Medical Assistance Program $6,585
20.600 State and Community Highway Safety $6,575
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $5,757
93.667 Social Services Block Grant $1,522
93.596 Child Care Mandatory and Matching Funds of the Child Care and Development Fund $1,325
93.658 Foster Care_title IV-E $1,214
93.659 Adoption Assistance $672
93.472 Title IV-E Prevention and Family Services and Programs (a) $171
93.767 Children's Health Insurance Program $99
93.566 Refugee and Entrant Assistance_state Administered Programs $16
93.090 Guardianship Assistance $1