Luallen Releases Audit of See the audit report for Full Details |
Crit Luallen |
|
(Frankfort - July 30, 2008)
State Auditor Crit Luallen today released the audit of the 2007 financial statement of the Johnson County Sheriff, William Witten. State law requires the Auditor to annually audit the accounts of each county sheriff. In compliance with this law, the Auditor issues two sheriff’s reports each year: one reporting on the audit of the sheriff’s tax account and the other reporting on the audit of the fee account used to operate the office.
The audit found that the Sheriff’s financial statement presents fairly the revenues, expenditures, and excess fees of the Johnson County Sheriff in conformity with the regulatory basis of accounting. As part of the audit process, the Auditor must comment on non-compliance with laws, regulations, contracts and grants. The Auditor must also comment on material weaknesses involving the internal control over financial operations and reporting. The audit contains the following comment: the Sheriff’s office lacks adequate segregation of duties. Good internal controls dictate the same employee should not receive, process, and record receipts and disbursements, as well as prepare quarterly and annual financial statements. The same employee that records collection totals to the receipts ledger also made daily deposits and prepared the quarterly and annual financial statements. The following compensating controls should have been implemented to offset the lack of segregation of duties. The Sheriff should periodically compare the daily deposit to the daily checkout and the receipts ledger. Any differences should be reconciled. The Sheriff should document this review by initialing and dating the bank deposit, daily checkout sheet, and receipts ledger. Additionally, the Sheriff should compare the quarterly financial report to the receipts and disbursements ledgers for accuracy. Any differences should be reconciled. The Sheriff should document this review by initialing and dating the quarterly reports and ledgers. The Sheriff’s responsibilities include collecting property taxes, providing law enforcement and performing services for the county fiscal court and courts of justice. The Sheriff’s office is funded through statutory commissions and fees collected in conjunction with these duties. |
|
|
|