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Fresno finance staff report progress implementing Price Page internal-control recommendations
Summary
Assistant Controller Caleb Newfield told the City of Fresno's Finance & Audit Committee that the finance department has implemented most recommended internal-control improvements from a Price Page review covering accounts payable, utility billing and collections, and business tax and license.
Assistant Controller Caleb Newfield told the City of Fresno's Finance & Audit Committee that the finance department has implemented most recommended internal-control improvements from a Price Page & Company review completed in late 2023 and presented follow-up actions on accounts payable, utility billing and collections (UB&C), and business tax and license.
The recommendations were intended to strengthen segregation of duties, improve controls over payments and deposits, reduce duplicate payments, and enhance customer service and reporting. Newfield told the committee the department has updated standard operating procedures, instituted ongoing training, added key performance indicators, and implemented specific controls to address the report's findings.
On accounts payable, Newfield said the department has:
- Implemented new and updated standard operating procedures that clearly define accounts payable activities and roles. - Begun weekly internal training sessions for AP staff on procedures…
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