Fine Wine & Good Spirits #2327 – Villanova, Delaware County – For the Period February 27, 2025 to February 25, 2026

The Pennsylvania Liquor Control Board’s Fine Wine and Good Spirits Store 2327 was audited for the period between February 27, 2025, and February 25, 2026, to assess compliance with operating procedures. The examination revealed three main findings. Firstly, inventory discrepancies were significant, exceeding a threshold of 1% in value, a repeat issue suggesting inefficient management of perpetual inventory records. Secondly, improper documentation for tax-exempt sales was noted; missing or improperly completed forms may lead to unintended revenue loss. Thirdly, weaknesses in internal control concerning transferred inventory were identified. The purpose of these findings is to improve internal controls and ensure adherence to the Pennsylvania Liquor Control Board’s procedures. Store management acknowledged the findings and committed to addressing these issues, expecting compliance to be verified in future examinations to prevent revenue discrepancies and ensure alignment with statutory obligations. This is an automated summary. Please rely on the contents included in the released audit report.