Answer: The Organization lacks documented internal controls for key compliance areas.
Trend: This issue has persisted throughout most of the fiscal year.
List: Address compliance monitoring, financial reporting, and record retention/access controls.
Finding Text
For the majority of the fiscal year, the Organization has no documented internal controls for compliance with monitoring program performance, financial reporting, retention and access to records.
Categories
Subrecipient MonitoringReportingInternal Control / Segregation of Duties