Finding Text
Internal Control over Reporting – The report was filed on time but did
not accurately reflect the award
expenditures charged to the federal award.
Recommendation – We recommend that management and the board should review its current staffing
levels and obtain the training required to produce accurate and timely reports from its
accounting software. A review of its financial statement should be established to record and
in accordance with award documents.
Auditee's comments and response – Management and the Board will regularly monitor financial reports
and activities of MHC. In addition, management hired additional staff in 2024, creating a 20%
increase in staffing for the organization.
Planned completion date for corrective action plan: For the year ending October 31, 2025.
Responsible party for the corrective action – Aby John, Chief Financial Officer