FAC Explorer

Finding 1096402 (2021-001)

Significant Deficiency Repeat Finding
Requirement
C
Questioned Costs
-
Year
2021
Accepted
2025-01-22
Audit: 339396
Organization: Polaris Project (DC)
Auditor: Lane & Company CPAS

AI Summary

  • Answer: Financial management should prepare for the annual audit by reviewing key financial documents.
  • Trend: Regular assessments of financial readiness can lead to smoother audit processes.
  • List: Key documents to review include the year-end trial balance, general ledger, and supporting schedules.

Finding Text

Recommendation: We recommend that financial management personnel assess the Organization’s state of readiness for the annual independent audit by conducting a thorough review of the year-end trial balance, general ledger and supporting schedules prior to the start of the audit.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 519959 2021-001
    Significant Deficiency Repeat
  • 519960 2021-001
    Significant Deficiency Repeat
  • 1096401 2021-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.598 Services to Victims of A Severe Form of Trafficking $1.27M