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2015-01 Performance Audit Report: County of Hawai'i's Purchasing Card (pCard) Program
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2015-01 Performance Audit Report: County of Hawai'i's Purchasing Card (pCard) Program
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7/20/2015 7:54:01 AM
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which show the following similarities: same date, same supplier, same cardholder and <br />same amounts) <br />• Unusual increases in the cardholder's average spend and/or highest spend amount <br />• Purchase amounts over transaction limits <br />• Purchase amounts within one to three percent below purchase limits <br />• Purchases with unauthorized suppliers <br />• Purchases from suppliers with un -blocked MCCs on a "watch list'5 <br />CentreSuite is First Hawaiian Bank's (the County's card issuer) application designed to <br />streamline the accounting code allocation and simplify the submission, review, and approval <br />process for employee expenses.' The County should consider incorporating First Hawaiian <br />Bank's CentreSuite application into the County's accounting database, including uploading and <br />downloading pCard data. This would allow the County to follow best practices for monitoring, <br />including the use of software to complete transaction data analysis, test controls, and report the <br />results. <br />s Auditing and Compliance Strategies for a Solid Purchasing Card Program, JP Morgan <br />6 https://www.fhb.com/en/online-services/banking/other-online-business-services/centresuite/ <br />Purchasing Card Program :: Audit Results 115 <br />
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