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02 NETCADA Request
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02 NETCADA Request
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Last modified
11/8/2005 11:22:14 AM
Creation date
9/5/2003 3:54:50 PM
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Template:
AGENDA
Item Number
2
AGENDA - Type
PERSONAL APPEARANCE
Description
Request for donation of funds
AGENDA - Date
9/8/2003
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Northeast Texas Council on Alcohol and Drug Abuse, Inc. <br /> Schedule of Findings and Questioned Costs <br /> For the Yea~ Ended August 3 I, 2002 <br /> <br />[Program Description <br />l Schedule Reference # 02-6 <br />!Program Name Organization Wide <br />!Project Number N/A <br />[CFDA # N/A <br />Criteria: The Organization's controller is responsible for all <br /> accounting functions. These functions include, cash disburements <br /> payroll, accruals, all journal entries, and the financial statement <br /> preparation. The executive director is responsible for <br /> reviewing and approving these transactions. <br /> <br />i Condition Found: During most of the year under audit, the Comptroller served <br /> as both the Comptroller and Interim Executive Director ;thus, <br /> creating a lack of segregation of duties. <br /> <br />;Questioned Costs: Unknown <br />i Instances: N/A <br />Effect: No segregation of duties existed for the approval and review <br /> of accounting functions during the time the controller served as <br /> interim executive director. At present, there is a separate <br /> individual in each of the positions. <br /> <br />Recommendation: We recommend that a segregation of duties be maintained <br /> constantly. <br /> <br /> 27 <br /> <br /> <br />
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