FAC Explorer

Finding 970680 (2023-001)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2023
Accepted
2024-04-23
Audit: 304235
Organization: Harris County Wcid #21 (TX)
Auditor: McGrath and Company Cpa's

AI Summary

  • Answer: There is a significant issue with our internal controls related to how financial statements are prepared.
  • Trend: This weakness could lead to ongoing inaccuracies in financial reporting if not addressed promptly.
  • List: Recommended actions include reviewing control processes, enhancing staff training, and conducting regular audits to ensure compliance.

Finding Text

Material Weakness in Internal Controls Over Preparation of Financial Statement

Categories

Material Weakness Internal Control / Segregation of Duties

Other Findings in this Audit

  • 394238 2023-001
    Material Weakness Repeat
  • 394239 2023-002
    Material Weakness Repeat
  • 394240 2023-003
    Material Weakness
  • 970681 2023-002
    Material Weakness Repeat
  • 970682 2023-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.218 Community Development Block Grants/entitlement Grants $804,327