Finding 1157544 (2024-001)

Identification of federal programs: Economic Development Cluster (ALN 11.307) Criteria: An effective system of internal controls requires all grant reports to be reviewed and approved prior to submission. Condition: Form ED-209 was not reviewed and approved prior to submission. Questioned costs: None Effect: There is an increased risk of ARDC submitting an inaccurate report. Context: We selected one of two reports submitted for testing. During review we noted there was no review or approval of the report prior to submission. Cause: Management turnover Repeat finding: No Recommendation: We recommend ARDC implement policies and procedures to ensure all reports are reviewed prior to submission. Views of responsible officials of the auditee: The Commission will adopt a policy whereby the Executive Director or a designee will review all future reports prior to submission.