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• • • • TOWN OF SURFSIDE, FLORIDA • SCHEDULE OF FINDINGS AND QUESTIONED COSTS • • FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2014 • • SECTION II—FINANCIAL STATEMENT FINDINGS (CONTINUED) • • MATERIAL WEAKNESS(CONTINUED) • 2014-001 Bank Reconciliations (continued) • • Recommendation • We strongly recommend the Town implements internal controls associated with the review of • bank reconciliations that will ensure reconciliations are reviewed on a monthly basis evidenced ® by the signature and date of both the preparer and reviewer. Monthly bank reconciliations must be reviewed within 30 days of the month end to ensure accuracy and completeness of cash • balances reported by the Town. • • Views of Responsible Officials and Planned Corrective Actions • The monthly bank reconciliation form will be amended to include the name and date of the • Finance personnel responsible for the preparation of bank reconciliation and the name and date ® of the supervisory personnel responsible for the review of the bank reconciliation. • • SECTION III—STATE PROJECTS FINDINGS AND QUESTIONED COSTS • None. • • • • • • • • • • • • • • • • 112 • •