Auditor: City should require journal entries to document general ledger recoding
The auditor recommended that Moab require formal journal entries and outside review when correcting general ledger coding errors so the city has an audit trail; staff said they will implement journal-entry procedures and require approval by Michael (designated reviewer).
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The audit team told the committee that the only internal-control observation this year concerned how cash disbursement coding changes were recorded. Mike, the auditor, said staff sometimes changed an invoice—s GL coding after payment without leaving a record of why the change was made and recommended using journal entries to document any post-payment corrections.
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