Dec 18, 2013 2:23 PM by Tina Macias
The Village of Maurice does not require all its employees to prepare daily times sheets to account for their attendance at work, according to its annual audit released this week.
Despite the audit noting that this lack of internal control could increase the risk of "loss and theft," the village government does not plan to require employees to complete daily time records. Instead, it will continue its current "exception" procedure, requiring all employees to complete leave requests. After approval, leave will be recorded by the clerk and payroll approved by the mayor, according to the village's corrective plan.
Auditors reviewed the Village of Maurice's accounting for the fiscal year that began July 1, 2012 and ended June 30 and found that the village lacks checks and balances in much of its operation.
The audit found no physical inventory had been conducted for the village's inventory, and that the village government does not have formal policies and procedures for doing business.
"This could lead to confusion as to who is responsible for different functions and how different situations should be handled," according to the audit.
The village plans to complete an inventory and develop a written policy and procedures manual, but noted the development will be a "long-range project."
View the entire audit by clicking here.