Finding Text
Condition: Based on the controls in place as described by staff of the organization, there were multiple instances of invoices and timesheets that did not contain evidence of approvals. Criteria: Monitoring and reporting program performance, as prescribed by 2 CFR section 200.329, requires all requests for reimbursement and reports to be evidenced by formal review and approval processes. Effect: By not having proper review and approvals in place, inaccurate information could have been submitted to the funding agency. In addition, the funding agency could have rejected reimbursement requests and found the Organization to be out of compliance. Cause: There is inconsistent documentation of approvals on invoices and timesheets. In addition, there is no formalized procedure in place on reviewing and submitting the required reports to the funding agency. Questioned Costs: No known questioned costs were identified during the course of the audit. Recommendation: We recommend the Organization further develop their policies and procedures related to federal awards to ensure compliance with the grant contracts and ensure there is proper review and documented approval.