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Audit Objective

Determine if the Supervisor adequately fulfilled his fiscal responsibilities.

Key Findings

• The Supervisor did not adequately fulfill his fiscal responsibilities because he failed to provide oversight of the Bookkeeper, who performs all financial duties, including online banking, on her personal computer.
• Adequate accounting records were not maintained.

Key Recommendations

The Supervisor should:

• Collect, disburse and maintain custody of all Town funds in accordance with policies, procedures and Town Law.
• Provide proper oversight of the bookkeeper.
• Maintain adequate accounting records.

Town officials generally agreed with our recommendations and stated they initiated corrective action. Appendix B includes our comment on an issue that was raised in the Town’s response letter.