Answer: We will keep checking to make sure procedures are followed properly.
Trend: Regular reviews will help us spot areas for improvement in effectiveness and compliance.
List: Adjustments will be made as necessary based on our findings.
Finding Text
Ongoing monitoring will be conducted to ensure that these procedures are applied consistently, and adjustments will be made as needed to improve effectiveness and compliance.
Corrective Action Plan
Thank you for your recommendation regarding the implementation of procedures to accurately account for indirect costs associated with Program Services and Management & General Expenses, as reported in the Statement of Functional Expenses.