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<br />I <br /> <br />I <br /> <br />I <br /> <br />City of San Marcos <br /> <br />December 27, 1972 <br /> <br />-7- <br /> <br />To provide <br />we suggest that such <br />such as certificates <br /> <br />greater control over cash and <br />excess amounts be invested in <br />of deposit or treasury notes. <br /> <br />more prudent use of funds, <br />interest bearing accounts <br /> <br />A careful review of separation of duties of those personnel who <br />handle cash should be made in order to eliminate such practices as cashiers <br />sharing cash drawers and relief cashiers not being accountable for their own <br />funds. Supervision is necessary to see that duties remain separated. <br /> <br />We suggest that the City give strong consideration to the recommen- <br />dations in this letter. These problems will become more serious and complex <br />if not corrected before converting the various records to the computer. <br /> <br />Because implementation of recommendations we are making is important <br />to the City, we shall contact you in the near future to discuss these matters <br />further. We are pleased with the interest and response shown by City parsonnel <br />as we discussed procedures with them during our audit. If we can be of further <br />assistance in any way, please contact us. <br /> <br />Very truly yours, <br /> <br />t~~ <br /> <br />Ernst & Ernst <br /> <br />KPF/bb <br />