1. The Town failed to complete bank reconciliations and has engaged a third party to bring reconciliations current.
     
  2. The Town did not adhere to its own purchasing policies for approving and cancelling invoices.
     
  3. The Town improperly shredded voided checks in violation of applicable public records law.
     
  4. Finding information regarding payee and amount in the accounts payable register did not match the corresponding issued checks.
     
  5. The Town did not issue checks in sequential order.
     
  6. The Town failed to strictly exercise the dual check signer requirement prescribed by N.C.G.S. § 159-25(b).
     
  7. The Town did not report and remit outstanding checks over one year old to the North Carolina Department of State Treasurer as unclaimed property.
     
  8. The Town did not complete annual audits in a timely manner.
    
All/Any Audit Types
Rapid Response
Has Findings
First Published