FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

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Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
2. Maintain twice-weekly internal cash reviews to align disbursements with available cash and grant timing.
2. Maintain twice-weekly internal cash reviews to align disbursements with available cash and grant timing.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
3. Monitor operating accounts against internal minimum thresholds and refine automated alerts as needed.
3. Monitor operating accounts against internal minimum thresholds and refine automated alerts as needed.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
4. Reassess account structure annually and maintain contingency agreements with the bank.
4. Reassess account structure annually and maintain contingency agreements with the bank.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
5. Require refresher training in cash flow management for new financial staff and Finance Committee members at least once annually.
5. Require refresher training in cash flow management for new financial staff and Finance Committee members at least once annually.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
6. Maintain Finance Committee oversight of liquidity metrics, with trends tracked in monthly dashboards.
6. Maintain Finance Committee oversight of liquidity metrics, with trends tracked in monthly dashboards.
View Audit 367237
Finding 1154898 (2024-005)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Cash Management
7. Review internal controls annually to ensure continued alignment with 45 CFR § 75.302(b)(4) and evolving HRSA guidance.
7. Review internal controls annually to ensure continued alignment with 45 CFR § 75.302(b)(4) and evolving HRSA guidance.
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
Corrective Actions Taken:
Corrective Actions Taken:
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
1. In 2024, SCMRC engaged CPA Zac Mabry to reconstruct and reconcile historical accounts payable balances, including verification of vendor-level detail.
1. In 2024, SCMRC engaged CPA Zac Mabry to reconstruct and reconcile historical accounts payable balances, including verification of vendor-level detail.
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
2. A new Controller was hired in April 2025 to oversee all general ledger and subsidiary ledger functions.
2. A new Controller was hired in April 2025 to oversee all general ledger and subsidiary ledger functions.
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
3. An Accounts Payable (A/P) Subsidiary Ledger was created and implemented in early 2025 using SCMRC’s accounting software.
3. An Accounts Payable (A/P) Subsidiary Ledger was created and implemented in early 2025 using SCMRC’s accounting software.
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
4. A/P balances are now reconciled monthly to the general ledger. Any discrepancies are documented and resolved prior to financial report finalization.
4. A/P balances are now reconciled monthly to the general ledger. Any discrepancies are documented and resolved prior to financial report finalization.
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
5. Internal procedures for invoice entry, approval, and payment were updated to require full detail (vendor, invoice #, date, and amount) for every payable.
5. Internal procedures for invoice entry, approval, and payment were updated to require full detail (vendor, invoice #, date, and amount) for every payable.
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
6. The reconciliation process is reviewed monthly by the CEO and contract accountant, and results are presented to the Finance Committee.
6. The reconciliation process is reviewed monthly by the CEO and contract accountant, and results are presented to the Finance Committee.
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Internal Control / Segregation of Duties
Corrective Action Plan:
Corrective Action Plan:
View Audit 367237
Finding 1154897 (2024-004)
Material Weakness 2024
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 367237
Finding 1154897 (2024-004)
Material Weakness 2024
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 367237
Finding 1154897 (2024-004)
Material Weakness 2024
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 367237
Finding 1154897 (2024-004)
Material Weakness 2024
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 367237
Finding 1154897 (2024-004)
Material Weakness 2024
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 367237
Finding 1154897 (2024-004)
Material Weakness 2024
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 367237
Finding 1154896 (2024-003)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Equipment & Real Property Management
Corrective Action Plan:
Corrective Action Plan:
View Audit 367237
Finding 1154896 (2024-003)
Material Weakness 2024
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 367237
Finding 1154896 (2024-003)
Material Weakness 2024
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 367237
Finding 1154896 (2024-003)
Material Weakness 2024
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 367237
Finding 1154895 (2024-002)
Material Weakness 2024
South Central Medical and Resource Center, Inc.
OK
Corrective Actions Taken:
Corrective Actions Taken:
View Audit 367237
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