State audit cites issues in Village of Canisteo - Hello Friends New News, In the article you read this time with the title State audit cites issues in Village of Canisteo, We have prepared this article well for you to read and take the information in it. Hopefully the contents of the post Artikel IFTTT, Artikel Wellsville Regional News (dot) com, Which we write you can understand. Okay, happy reading.

Judul : State audit cites issues in Village of Canisteo
link : State audit cites issues in Village of Canisteo

State audit cites issues in Village of Canisteo

Here is a summery report:
Audit Objective
Determine if the Clerk-Treasurer accurately and completely accounted for, recorded and reported all financial transactions in a timely manner.

Key Findings

• The former Clerk-Treasurer did not maintain accounting records using the modified accrual basis of accounting.
• Accounting records were not adequate to properly monitor the Village’s financial condition and operations.
• The former and current Clerk-Treasurer did not provide monthly financial reports of receipts and disbursements to the Board.

Key Recommendations

The Clerk-Treasurer should:

• Maintain accurate and timely accounting records including revenues and expenditures using the modified accrual basis of accounting.
• Provide monthly financial reports to the Board.

Village officials generally agreed with our recommendations and indicated they planned to initiate corrective action.
Mayor Monica Recktenwald issued a response to the audit and said she agrees "with the findings in the report and...immediately began correcting the issues."
The audit can be viewed HERE.
from Wellsville Regional News (dot) com http://bit.ly/2VUFN0t
By New News

Such is the article State audit cites issues in Village of Canisteo

That's an article State audit cites issues in Village of Canisteo This time, hopefully can benefit for you all. Well, see you in other article postings.

You are now reading the article State audit cites issues in Village of Canisteo With link address https://njuas.blogspot.com/2019/04/state-audit-cites-issues-in-village-of.html

Tweet

Subscribe to receive free email updates: