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• Cash Controls Review – Parks and Recreation Division, East and West Districts (May 2000)

Part of Cash Handling and Risk Management

STAFF REPORT
May 4, 2000
To: Audit Committee
From: City Auditor
Subject: Cash Controls Review – Parks and Recreation Division, East and West Districts

Cash Controls Review – Parks and Recreation Division, East and West Districts (May 2000)

Purpose:

To review cash handling and financial procedures at various facilities to determine the adequacy of control procedures and to report, to management, any deficiencies along with recommendations for corrective action.

Financial Implications and Impact Statement :

While there are no financial implications resulting from the adoption of this report, the implementation of the recommendations in this report could reduce the risk of revenue losses.

Recommendations:

It is recommended that: (1) the Commissioner of Economic Development, Culture & Tourism expedite the review of cash handling and financial procedures at all Parks and Recreation facilities to ensure that effective and consistent financial policies and internal control procedures exist and are carried out by staff;

(2) the Commissioner of Economic Development, Culture & Tourism clarify and communicate the roles and responsibilities of the Administration and Support Division and other divisional operations, with respect to administration and financial matters;

(3) the Commissioner of Economic Development, Culture & Tourism clearly delineate the roles and responsibilities of supervisory staff, emphasize the importance of maintaining effective internal controls and provide guidelines to assist supervisors in carrying out their responsibilities. Necessary action should be taken to ensure that all sites and functions are adequately supervised;

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