Unreconciled Balance in Advances for Payroll (Fund 104358, Region V)
Department of Public Works and Highways · 2024
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Internal Control DeficiencyA specific payroll advance fund in Region V has a balance that does not agree with records, and it has not changed or been resolved during the year.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Includes the unreconciled balance of Fund 104358 of Region V. No movement during the year."