Finding Text
Criteria : Cash disbursements should be approved and reviewed as per the internal controls in place in the organization and the related documentation should be retained. Condition : No supporting documentation could be located for three of the expenses selected for testing. Cause : Organization not maintaining the proper documentation due to transition in accounting staff/management. Effect : No proper documentation may result in the expenditures of federal program not being properly monitored, thus resulting in potential noncompliance with program requirements. Recommendation : We recommend management implement an additional/alternate level of review by someone with proper knowledge to oversee the disbursements made under the program and the documentation is retained properly. Management’s Response : See Management’s View and Corrective Action Plan included at the end of the report.