Failure to comply with control procedures jeopardizes the ability of the system to detect errors or irregularities within a reasonable time and in amounts that could be material. Management concurs with each of our findings and has taken steps to insure compliance with internal control procedures. Our tests of internal accounting controls over cash receipts revealed that the following controls should be added for better control over cash receipts. Bank deposits should be compared to the cash receipts journal. Bank statements should be received directly by the administrator and reviewed by him.
Management concurs with our finding and has added the additional control procedures.
The management and staff of the Colorado State Veteran's Nursing Home, Rifle were pleasant and helpful during the entire audit process. We appreciate their cooperation and assistance and believe that the audit was informative and helpful.