FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

Total CAPs
56,320
In database
Filtered Results
53,335
Matching current filters
Showing Page
1532 of 2134
25 per page

Filters

Clear
Finding 574250 (2022-004)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
1. Continue maintaining a detailed subsidiary ledger for all accounts payable, updated in real time with invoice-level detail.
1. Continue maintaining a detailed subsidiary ledger for all accounts payable, updated in real time with invoice-level detail.
View Audit 364764
Finding 574250 (2022-004)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
2. Ensure the Controller performs a monthly reconciliation of the A/P ledger to the general ledger, with documentation of any variances and resolutions.
2. Ensure the Controller performs a monthly reconciliation of the A/P ledger to the general ledger, with documentation of any variances and resolutions.
View Audit 364764
Finding 574250 (2022-004)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
3. Incorporate A/P reconciliation procedures into SCMRC’s written accounting policy and procedure manual by October 2025.
3. Incorporate A/P reconciliation procedures into SCMRC’s written accounting policy and procedure manual by October 2025.
View Audit 364764
Finding 574250 (2022-004)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
4. Implement a quarterly internal audit of A/P records to validate accuracy and completeness.
4. Implement a quarterly internal audit of A/P records to validate accuracy and completeness.
View Audit 364764
Finding 574250 (2022-004)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
5. Provide annual refresher training for finance staff on internal controls, documentation standards, and reconciliation protocols.
5. Provide annual refresher training for finance staff on internal controls, documentation standards, and reconciliation protocols.
View Audit 364764
Finding 574250 (2022-004)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
6. Evaluate the integration of A/P automation tools in FY26 to improve accuracy and audit trail capacity.
6. Evaluate the integration of A/P automation tools in FY26 to improve accuracy and audit trail capacity.
View Audit 364764
Finding 574249 (2022-003)
Significant Deficiency 2022
South Central Medical and Resource Center, Inc.
OK
Equipment & Real Property Management
Corrective Action Plan:
Corrective Action Plan:
View Audit 364764
Finding 574249 (2022-003)
Significant Deficiency 2022
South Central Medical and Resource Center, Inc.
OK
Equipment & Real Property Management
1. A written Year-End Inventory Procedure was finalized in Q3 2025.
1. A written Year-End Inventory Procedure was finalized in Q3 2025.
View Audit 364764
Finding 574249 (2022-003)
Significant Deficiency 2022
South Central Medical and Resource Center, Inc.
OK
Equipment & Real Property Management
2. SCMRC’s Facilities Manager will coordinate a full inventory of assets and medical supplies by December 31, 2025.
2. SCMRC’s Facilities Manager will coordinate a full inventory of assets and medical supplies by December 31, 2025.
View Audit 364764
Finding 574249 (2022-003)
Significant Deficiency 2022
South Central Medical and Resource Center, Inc.
OK
Equipment & Real Property Management
A formal inventory log will be retained annually as part of SCMRC’s close-out procedures
A formal inventory log will be retained annually as part of SCMRC’s close-out procedures
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Corrective Actions Taken:
Corrective Actions Taken:
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
1.       In 2024, SCMRC engaged its contract accountant to develop formal internal reconciliation procedures.
1.       In 2024, SCMRC engaged its contract accountant to develop formal internal reconciliation procedures.
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
2.       A full-time Controller was hired in April 2025, bringing additional oversight and financial management capacity.
2.       A full-time Controller was hired in April 2025, bringing additional oversight and financial management capacity.
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
3.       Monthly reconciliation processes were implemented and documented, including supporting schedules that tie A/R balances to the general ledger.
3.       Monthly reconciliation processes were implemented and documented, including supporting schedules that tie A/R balances to the general ledger.
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
4.       These reconciliation reports are now reviewed monthly by the CEO and included in Finance Committee materials.
4.       These reconciliation reports are now reviewed monthly by the CEO and included in Finance Committee materials.
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Corrective Action Plan:
Corrective Action Plan:
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
1.       SCMRC will maintain monthly A/R-to-GL reconciliation processes, with the Controller responsible for oversight and documentation.
1.       SCMRC will maintain monthly A/R-to-GL reconciliation processes, with the Controller responsible for oversight and documentation.
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
2.       Reconciliation reports will continue to be included in monthly board and Finance Committee financial packets.
2.       Reconciliation reports will continue to be included in monthly board and Finance Committee financial packets.
View Audit 364764
Finding 574248 (2022-002)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
3.       SCMRC’s financial policies adopted to clear OSV Condition #4 will be reviewed annually and updated as needed to ensure continued compliance with 45 CFR § 75.302 and related Uniform Guidance standards.
3.       SCMRC’s financial policies adopted to clear OSV Condition #4 will be reviewed annually and updated as needed to ensure continued compliance with 45 CFR § 75.302 and related Uniform Guidance standards.
View Audit 364764
Finding 574247 (2022-001)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
Corrective Actions Taken:
Corrective Actions Taken:
View Audit 364764
Finding 574247 (2022-001)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
1. Historical reconciliations for FY21–FY24 were completed by CPA Zac Mabry in 2025.
1. Historical reconciliations for FY21–FY24 were completed by CPA Zac Mabry in 2025.
View Audit 364764
Finding 574247 (2022-001)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
2. A full-time Controller was hired in April 2025 to manage the general ledger and oversee reconciliations.
2. A full-time Controller was hired in April 2025 to manage the general ledger and oversee reconciliations.
View Audit 364764
Finding 574247 (2022-001)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
3. Bank reconciliations are now completed monthly and reviewed within 30 days of month-end.
3. Bank reconciliations are now completed monthly and reviewed within 30 days of month-end.
View Audit 364764
Finding 574247 (2022-001)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
4. Reconciled financials are included in internal financial packets and presented to the Finance Committee prior to each board meeting.
4. Reconciled financials are included in internal financial packets and presented to the Finance Committee prior to each board meeting.
View Audit 364764
Finding 574247 (2022-001)
Material Weakness 2022
South Central Medical and Resource Center, Inc.
OK
5. In May 2025, SCMRC’s Board of Directors received formal fiscal governance training from Forvis and OKPCA. The training recording is now part of new board member onboarding.
5. In May 2025, SCMRC’s Board of Directors received formal fiscal governance training from Forvis and OKPCA. The training recording is now part of new board member onboarding.
View Audit 364764
« 1 1530 1531 1533 1534 2134 »