FAC Explorer

Finding 1140997 (2024-003)

Significant Deficiency
Requirement
A
Questioned Costs
-
Year
2024
Accepted
2025-06-12
Audit: 358678
Organization: Campus Compact for New Hampshire (NH)
Auditor: Paolillit Jarek Hession & Pare LLC

AI Summary

  • Answer: Management did not formally review the grant budget against actual spending.
  • Trend: This lack of review could lead to financial discrepancies and mismanagement of funds.
  • List: Recommend implementing regular budget reviews to ensure alignment and accountability.

Finding Text

There was no formal review by Management of the grant budget versus actual expenditures performed.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 564554 2024-002
    Significant Deficiency
  • 564555 2024-003
    Significant Deficiency
  • 564556 2024-003
    Significant Deficiency
  • 564557 2024-003
    Significant Deficiency
  • 564558 2024-004
    Significant Deficiency
  • 564559 2024-004
    Significant Deficiency
  • 564560 2024-004
    Significant Deficiency
  • 1140996 2024-002
    Significant Deficiency
  • 1140998 2024-003
    Significant Deficiency
  • 1140999 2024-003
    Significant Deficiency
  • 1141000 2024-004
    Significant Deficiency
  • 1141001 2024-004
    Significant Deficiency
  • 1141002 2024-004
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.310 Statewide Family Engagement Centers $1.14M
84.334 Gaining Early Awareness and Readiness for Undergraduate Programs $267,891
84.116 Fund for the Improvement of Postsecondary Education $118,150
94.013 Americorps Volunteers in Service to America 94.013 $19,929