However, the firm did note other matters related to Metro's internal control and certain other accounting, administrative or operating matters. Recommendations Increase use of on-line purchase orders. Consult Metro's Accounting Services and Financial Planning divisions prior to combining budgetary funds or changing their purpose. Use accounts receivable aging analysis and provide an allowance for doubtful accounts for those receivables that are potentially uncollectible. Perform a complete physical inventory of fixed assets biannually.
Track retainage on all construction contracts throughout the year.