Agency:
Person Responsible for Corrective Action: Name
Title:
Anticipated Completion Date
Response to Finding:
2021-008 CASH MANAGEMENT
National Center for the Advancement of STEM Education, Inc. (nCASE)
: Nancy Priselac
Executive Director
: December 8, 2023
Management concurs with audit recomm...
Agency:
Person Responsible for Corrective Action: Name
Title:
Anticipated Completion Date
Response to Finding:
2021-008 CASH MANAGEMENT
National Center for the Advancement of STEM Education, Inc. (nCASE)
: Nancy Priselac
Executive Director
: December 8, 2023
Management concurs with audit recommendation.
Correction Action to be Taken:
nCASE has put written procedures in place to compile the SF425. The procedures also detail the approval process by management for the final review of the SF425. nCASE is working with a consultant to ensure that the numbers in the SF425 match the data output from our accounting software and is replicable. This has been implemented internally and performed by nCASE. nCASE has taken corrective measures in our accounting software by detailing the audit log and recording all changes with supporting documentation. There is final weekly review and approval of the changes.
DoD has reviewed the matters covered in the audit report thoroughly, and the grant was closed out without any repayment of funds to DoD. Upon subsequent review and reconciliation, amounts were not overcharged.