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 2022-001 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 Not a repeat finding 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. Views of Responsible Officials Management concurs with the finding. The Organization revised its review procedures so that they are not impacted by employee turnover. The revised process includes cross-training multiple employees on each critical review process. These steps should correct the deficiency.
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 2022-001 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 Not a repeat finding 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. Views of Responsible Officials Management concurs with the finding. The Organization revised its review procedures so that they are not impacted by employee turnover. The revised process includes cross-training multiple employees on each critical review process. These steps should correct the deficiency.
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 2022-001 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 Not a repeat finding 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. Views of Responsible Officials Management concurs with the finding. The Organization revised its review procedures so that they are not impacted by employee turnover. The revised process includes cross-training multiple employees on each critical review process. These steps should correct the deficiency.
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 2022-001 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 Not a repeat finding 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. Views of Responsible Officials Management concurs with the finding. The Organization revised its review procedures so that they are not impacted by employee turnover. The revised process includes cross-training multiple employees on each critical review process. These steps should correct the deficiency.
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 2022-001 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 Not a repeat finding 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. Views of Responsible Officials Management concurs with the finding. The Organization revised its review procedures so that they are not impacted by employee turnover. The revised process includes cross-training multiple employees on each critical review process. These steps should correct the deficiency.
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 2022-001 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 Not a repeat finding 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. Views of Responsible Officials Management concurs with the finding. The Organization revised its review procedures so that they are not impacted by employee turnover. The revised process includes cross-training multiple employees on each critical review process. These steps should correct the deficiency.