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Santaquin council approves annual fraud risk assessment, updates signatory
Summary
The Santaquin City Council voted to adopt the city's required annual fraud risk assessment and directed staff to correct the resolution signatory from Emily to Stephanie.
The Santaquin City Council voted to adopt the city's required annual fraud risk assessment and directed staff to correct the signatory on the resolution from Emily to Stephanie.
Finance Director Shannon explained that the assessment is an annual review of internal controls, separation of duties, policies and procedures designed to mitigate or prevent fraud. Shannon described the form as a series of yes/no questions with space for mitigating…
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