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CITY OF GEM LAKE <br />Schedule of.Findings.and Responses. (continued). <br />Year Ended December 31, 2024. <br />FINDING — SIGNIFICANT DEFICIENCY IN INTERNAL CONTROL OVER FINANCIAL <br />REPORTING (CONTINUED) <br />:2024-002 SOFTWARE CONVERSION AND ERROR CORRECTION <br />Criteria — internal control over financial reporting. <br />Cbridition —.The. Cite completed a: software conversion to a new accounting system in the <br />current.year. During.our testing off this conversion to the new accounting system. '%ve noted <br />certain detailed transaction information is no longer available tq the City: We, also noted <br />during our testing, the City reported an error correction to the beginning net position balance <br />in the Sex.ver Enterprise Fund since the ending balances of the pievious-accounting systemdid <br />not agree to the beginning balances in the new aceorrnting s}=stem in this fund, <br />Questioned Costs —Not applicable. <br />Context -- The City does not have access to certain :detailed Accounting transaction <br />information. <br />Repeat Finding — This. is a current year finding. <br />Cause — This findin- is due to an accounting sotaware conversion. <br />Effect — The City does not have access to ali.detailed accounting transaction information. <br />Recommendation — We recommend that the. City work with the software provider to obtain <br />access to the City's.detailed accounting transaction information. <br />Managem4en f. Response —:There is no disagreement Nrith the audit bnding. <br />46- <br />