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Assume that you are an internal auditor with the provincial government. You are reviewing the Department of Education's business processes around the distribution of funding
Assume that you are an internal auditor with the provincial government. You are reviewing the Department of Education's business processes around the distribution of funding to daycare centres. You find that funding of $10,000 has been provided to a daycare operator who is delinquent in making personal debt payments. As a result of a court judgment, funds deposited to the operator's bank account are garnisheed by creditors. What internal control recommendation would you make to the Department of Education as a result of this finding? The department should pursue the daycare operator for the return of funding that was used to repay creditors rather than to deliver daycare service. The department should revoke the daycare operator's licence. The department should perform credit checks on daycare operators before approving grant funding. The department should investigate the financial status of all other daycare operators who received funding in recent years
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