FAC Explorer

Finding 1141004 (2024-002)

Significant Deficiency
Requirement
A
Questioned Costs
-
Year
2024
Accepted
2025-06-12
Audit: 358679
Organization: New Hampshire College & University Council (NH)
Auditor: Paolilli 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

  • 564561 2024-002
    Significant Deficiency
  • 564562 2024-002
    Significant Deficiency
  • 564563 2024-003
    Significant Deficiency
  • 564564 2024-003
    Significant Deficiency
  • 1141003 2024-002
    Significant Deficiency
  • 1141005 2024-003
    Significant Deficiency
  • 1141006 2024-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.334 Gaining Early Awareness and Readiness for Undergraduate Programs $59,193
84.116 Fund for the Improvement of Postsecondary Education $57,648
84.310 Statewide Family Engagement Centers $36,942