The audit of the Daviess County Financial Statements was released by the State Auditors office and it contains a few findings and recommendations.
Recommendations include:
For the 2020-001 Prosecuting Attorney Internal Controls –
- The Prosecuting Attorney’s office should implement internal controls to ensure the timely collection of restitution payments and disbursement of monies
- The Prosecuting Attorney maintain a complete general ledger showing the running total of cash per books, and prepare monthly bank reconciliations noting any outstanding checks or deposits that haven’t cleared the bank.
- The Prosecuting Attorney perform a documented review of the monthly statements and
- We further recommend the Prosecuting Attorney ensure turnovers are made monthly.
For the Procurement Policy:
The County Commission should review any future revisions to the procurement policy for compliance with statutory rules governing contracts for counties, townships, and political subdivisions.
For the Schedule of Expenditures of Federal Awards:
The county should review Federal Emergency Management Agency reporting requirements and prepare and document a reconciliation between amounts reported on the Schedule of Expenditures of Federal Awards (SEFA) and underlying accounting records as part of the budgetary process.
