FAC Explorer

Finding 970681 (2023-002)

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 during the monthly and annual closing of accounting records.
  • Trend: This weakness has been persistent, indicating a need for improvement in our financial reporting processes.
  • List: Recommended actions include reviewing current procedures, enhancing training for staff, and implementing regular audits to ensure compliance.

Finding Text

Material Weakness in Internal Controls Over Monthly/Annual Close of Accounting Records

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
  • 970680 2023-001
    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