audit Archives - Long Beach Business Journal
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Audit Finds Security Gaps In City’s Central Cashiering Office

An audit of the Long Beach Financial Management Department’s central cashiering office, which oversees the collection and processing of city revenue, found weaknesses in the office’s measures to safeguard city funds. The final audit report stated that “cash, checks, daily deposits, and keys were not always physically secured as un-endorsed checks totaling $271,000 were observed […]