Finding: 2022-002 related to financial statements CFDA: N/A Agency: Community Youth Services Name of contact person and title: Derek Harris, CEO Anticipated completion date: Implemented 9/1/2022 Agency’s response: Concur The organization agrees with this finding and implemented the following: Bank transactions are reviewed prior to receiving the statement for potential fraud. The Accounting Associate responsible for accounts payable reviews check exceptions and uploads the check data from our financial system to the bank system at least weekly, if not daily. This prevents checks and withdrawals being presented and posted that differ from our financial records. Month end bank reconciliations will be completed within 30 days of receipt of the statement, according to Community Youth Services policy and procedure. An individual in a supervisory position will review the month-end reconciliations and bank statements upon completion. The supervisor reviewing the month-end reconciliation will document the review with their initials (digitally or by hand and scanned). All reconciliations will be stored on the organizations Sharepoint serve