Audit Finds Issues With County Financial Controls

State Auditor: ‘Condition Resulted In County’s Financial Statement Being Materially Overstated’

The Oklahoma State Auditor and Inspector recently released an audit report for Washita County detailing nine separate instances of of insufficient internal controls within county financial accounts. The insufficiencies resulted in the under-reporting of reimbursable expenses by $163,166 and the overstatement of the county’s financial statement by more than $2 million.

The report, released May 2, 1019, covered the fiscal year ending June 30, 2017, and included five finding related to Washita County’s internal financial controls and reporting, three related to internal controls on compliance with major federal programs, and one related to the Sheriff’s Office’s management of the inmate trust fund.

The first finding noted the Washita County Treasurer’s Office has failed to design and implement appropriate internal controls over the tax collection process, specifically with regard to the county’s ad valorem taxes.

 

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