Finding Text
The fixed asset records for the Head Start program remain incomplete, with missing serial numbers for some larger equipment. Although updates have been made, certain items, such as refrigerators and stoves, could not be fully identified due to the inability to access serial numbers. Additionally, the physical fixed asset count, which was recommended to be conducted promptly, was not performed within the audit year. However, it has since been conducted, and future reconciliations have now been scheduled.