Follow-Up Audit of Sarasota County Area Transit (SCAT) Bus Operations Cash Handling, December 2017

6 | F o l l o w - u p o f S C A T B u s O p e r a t i o n s C a s h H a n d l i n g D e c e m b e r 2 0 1 7 Original Recommendations, Report dated November 2016: To ensure safeguarding of the County's assets, the policy and procedure for reconciliation processes should be reviewed and approved by the departmental director. As the draft document is being reviewed, management should document the basis for the 7% variance standard. Additionally, procedures should include verification of deposits to the general ledger, in accordance with Accounting Policies and Procedures, 9.2 Business Center Receipts, Balance, and Deposit of Cash . Management Action Plan: To comply with Sarasota County Accounting Policies and Procedures, 9.2 and 9.6, relevant SCAT staff was trained and the guidelines in section 9.6 are in effect. The previously identified percentage variances are no longer in effect.