Finance director: Washington Terrace maintains low fraud risk; no internal audit function planned
Finance Director Shari' Garrett presented the State Auditor's annual Fraud Risk Assessment and said Washington Terrace maintains a low fraud-risk score; the city is not implementing a formal internal audit committee, opting instead for mitigating controls.
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Finance Director Shari' Garrett presented the annual Fraud Risk Assessment developed by the State Auditor at the June 17 Washington Terrace City Council meeting, reporting the city maintains a low fraud-risk score.
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