Criteria
Management is responsible for implementing review processes over transactions and financial
statement close procedures.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
These deficiencies included:
Adequate support was not reviewed and retained for contributions, journal entries, and
expenses.
Evidence of timely review was not available for certain journal entries, invoices, and expense
reports.
Errors were identified in the recording of several transactions. Due to lack of review these
errors were not identified and corrected on a timely basis. Errors included in the release of
net assets with donor restriction, allocation of expenses between departments, reconciliation
of payroll expenses, and recording of grant and contributions of non-financial assets.
Evidence of timely review was not available for certain reports required to be prepared in
accordance with the Organization’s grant agreements. This lack of review resulted in several
errors within the reports.
Cause
The Organization’s policies and processes regarding review were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.
Criteria
Per Part 6 of the Compliance Supplement, controls need to be designed such that they would prevent
or detect potential noncompliance. Management should implement control activities through
policies.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
Refer to finding 2023-001 for more details.
Cause
The Organization’s policies and processes regarding review of underlying detail of program
expenses and reporting were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Questioned Costs
None reported.
Context
The condition noted above was identified during our procedures related to Allowable Costs/Cost
Principles and Reporting.
Identification as a Repeat Finding
Yes.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.
Criteria
Management is responsible for implementing review processes over transactions and financial
statement close procedures.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
These deficiencies included:
Adequate support was not reviewed and retained for contributions, journal entries, and
expenses.
Evidence of timely review was not available for certain journal entries, invoices, and expense
reports.
Errors were identified in the recording of several transactions. Due to lack of review these
errors were not identified and corrected on a timely basis. Errors included in the release of
net assets with donor restriction, allocation of expenses between departments, reconciliation
of payroll expenses, and recording of grant and contributions of non-financial assets.
Evidence of timely review was not available for certain reports required to be prepared in
accordance with the Organization’s grant agreements. This lack of review resulted in several
errors within the reports.
Cause
The Organization’s policies and processes regarding review were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.
Criteria
Per Part 6 of the Compliance Supplement, controls need to be designed such that they would prevent
or detect potential noncompliance. Management should implement control activities through
policies.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
Refer to finding 2023-001 for more details.
Cause
The Organization’s policies and processes regarding review of underlying detail of program
expenses and reporting were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Questioned Costs
None reported.
Context
The condition noted above was identified during our procedures related to Allowable Costs/Cost
Principles and Reporting.
Identification as a Repeat Finding
Yes.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.
Criteria
Management is responsible for implementing review processes over transactions and financial
statement close procedures.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
These deficiencies included:
Adequate support was not reviewed and retained for contributions, journal entries, and
expenses.
Evidence of timely review was not available for certain journal entries, invoices, and expense
reports.
Errors were identified in the recording of several transactions. Due to lack of review these
errors were not identified and corrected on a timely basis. Errors included in the release of
net assets with donor restriction, allocation of expenses between departments, reconciliation
of payroll expenses, and recording of grant and contributions of non-financial assets.
Evidence of timely review was not available for certain reports required to be prepared in
accordance with the Organization’s grant agreements. This lack of review resulted in several
errors within the reports.
Cause
The Organization’s policies and processes regarding review were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.
Criteria
Per Part 6 of the Compliance Supplement, controls need to be designed such that they would prevent
or detect potential noncompliance. Management should implement control activities through
policies.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
Refer to finding 2023-001 for more details.
Cause
The Organization’s policies and processes regarding review of underlying detail of program
expenses and reporting were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Questioned Costs
None reported.
Context
The condition noted above was identified during our procedures related to Allowable Costs/Cost
Principles and Reporting.
Identification as a Repeat Finding
Yes.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.
Criteria
Management is responsible for implementing review processes over transactions and financial
statement close procedures.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
These deficiencies included:
Adequate support was not reviewed and retained for contributions, journal entries, and
expenses.
Evidence of timely review was not available for certain journal entries, invoices, and expense
reports.
Errors were identified in the recording of several transactions. Due to lack of review these
errors were not identified and corrected on a timely basis. Errors included in the release of
net assets with donor restriction, allocation of expenses between departments, reconciliation
of payroll expenses, and recording of grant and contributions of non-financial assets.
Evidence of timely review was not available for certain reports required to be prepared in
accordance with the Organization’s grant agreements. This lack of review resulted in several
errors within the reports.
Cause
The Organization’s policies and processes regarding review were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.
Criteria
Per Part 6 of the Compliance Supplement, controls need to be designed such that they would prevent
or detect potential noncompliance. Management should implement control activities through
policies.
Condition
In testing performed over several accounts, the Auditors identified multiple deficiencies that were
the result of missing review processes over transactions and financial statement close procedures.
Refer to finding 2023-001 for more details.
Cause
The Organization’s policies and processes regarding review of underlying detail of program
expenses and reporting were not consistently applied.
Effect
Material errors may not be detected or corrected in a timely manner.
Questioned Costs
None reported.
Context
The condition noted above was identified during our procedures related to Allowable Costs/Cost
Principles and Reporting.
Identification as a Repeat Finding
Yes.
Recommendation
We recommend that the Organization detail review, and consistently follow, established policies and
processes of detail review, including vouching to supporting documents, of expenses and reports.