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… ate. What Was Found? There were two findings in this report: • There was a significant deficiency found with Unemployment Insurance Trust Fund’s reconciliation of bank balance to general ledger balance. The balance is recorded in the State’s ACFR, …

… work to clear up the unreconciled difference in their general ledger. • There was a material weakness found with the Unemployment Insurance Trust Fund’s originally reported claims payable balance in the State’s ACFR. The balance did not reflect a reasonabl …

… determine an in-house method to accurately record this liability. Significant Deficiency Finding 2020-002 – Unemployment Insurance Cash Condition In the reporting of cash and cash equivalents, the Department of Labor’s (DOL) reconciled book …