Audit 368624

2024-002 – Review of Grant Reimbursement Requests and Grant Reporting Federal Program AL 10.382 Meat and Poultry Intermediary Lending Program Criteria 2 CFR 200.303, Internal Controls, requires that recipients establish and maintain effective internal control over Federal awards that provides reasonable assurance that the recipient is managing Federal awards in compliance with Federal status, regulations and the terms and conditions of the Federal award. Condition There is a lack of review and approval over grant reimbursement requests and grant reporting prior to submission. Cause The Organization is new to receiving federal grant funding and therefore does not have all of the appropriate internal controls in place. Effect Noncompliance will not be prevented or detected and corrected in a timely manner. Recommendation We recommend the Organization review their internal controls over grant reimbursement requests and grant reporting to determine if additional procedures can be implemented. Compensating controls that mitigate the related risks could be provided through appropriate oversight of the performance of these functions. Views of Responsible Officials and Planned Corrective Actions See corrective action plan for response.