Follow-up Audit of Old Mill Golf Course
Auditor
Auditor
AUDITOR’S LETTER
In keeping with generally accepted government auditing standards and Auditor’s Office policy, as authorized by Utah Code, we have a responsibility to monitor and follow up on audit recommendations to ensure county agencies address audit findings through appropriate corrective action and to aid us in planning future audits.
This letter serves as the follow-up audit report for the Old Mill Golf Course Theft Investigation. The original audit report was issued in October 2022. The original audit report identified 3 findings with 5 recommendations. Since the preliminary follow-up, Old Mill Golf Course has fully implemented 4 of the 5 recommendations, and 1 recommendation is in progress.
In this follow-up, 1 recommendation under the third finding related to bank reconciliation discrepancies is still being addressed. Specifically, the recommendation to investigate and correct variances in reported amounts versus deposits received per bank statements has seen partial progress. However, there remain instances where cash over/short logs lack the requisite cashier initials and explanations for discrepancies exceeding $30. This is a critical control that requires immediate attention to ensure the accuracy and integrity of financial records and to prevent possible misappropriation of funds.
No further follow-up work will be performed by our office until the additional follow-up scheduled for around April 2024. It is crucial that Old Mill Golf Course management completes the implementation of all recommendations, particularly the one outstanding, to mitigate associated risks.
We performed this audit in accordance with Generally Accepted Government Auditing Standards (GAGAS). Those standards require that we plan and perform the audit to obtain sufficient, appropriate evidence to provide a reasonable basis for our findings and conclusions based on our audit objectives. We believe that the evidence obtained provides a reasonable basis for our findings and conclusions based on our audit objectives.
We appreciate the cooperation and assistance provided by all county stakeholders during this audit. Please review the enclosed audit report for detailed findings and recommendations, and feel free to contact me at 385-468-7200 with any questions.