Answer: Implementing corrective actions will improve financial oversight at Jordan CRC.
Trend: This approach will help lower the risk of questioned costs and boost compliance.
List: Focus on institutionalizing best practices to ensure ongoing adherence to federal and internal standards.
Finding Text
By institutionalizing these corrective actions and best practices, Jordan CRC will significantly strengthen its financial oversight, reduce the risk of questioned costs, and enhance compliance with federal and internal standards.
Corrective Action Plan
Jordan CRC appreciates the audit findings and is committed to strengthening its internal controls over cash disbursements. In response, the following corrective actions will be implemented: