Finding Text
Condition:
The Organization’s written policies and procedures related to financial management and procurement do not meet the requirements of 2 CFR 200, Subpart D and Subpart E.
Criteria:
According to 2 CFR Section 200.302.b and 2 CFR Section 200.305 of the Uniform Guidance, the Organization is required to have a written financial management policy. Additionally, according to 2 CFR Section 200.317 – 200.326, the Organization is required to have a written procurement policy.
Cause:
The Organization was unaware of requirements regarding policies and procedures outlined in the Uniform Guidance.
Effect:
Written policies necessary for non-Federal entities receiving federal funds were not in place.
Repeat Finding:
Yes
Questioned Costs:
None reported
Recommendation:
We recommend that the Organization update their written policies and procedures that meet the requirements of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Views of Responsible Officials and Planned Corrective Action:
We concur with the auditor’s finding and will update the Organization’s written policies and procedures for the Uniform Guidance requirements.