Finding Text
Type of Finding: Significant deficiency in internal control over compliance and noncompliance. Criteria: In accordance with the grant agreement, Section 7 - Reporting and Audits, the grantee will submit to the Municipality monthly program and monthly financial reports. The financial reports will include general ledger details for the costs charged. The reports shall be received by the Municipality within fifteen (15) days following the end of each reporting period. Condition and Context: The Organization was unable to provide documentation demonstrating compliance with any of the reporting requirements of the grant. Cause: Lack of internal controls over reporting requirements. Effect: The Organization was not in compliance with reporting requirements. Questioned Costs: None. Repeat Finding: Yes, repeated of Finding 2021-003. Recommendation: We recommend that the United Way of Anchorage comply with reporting requirements. Management?s Response: Management concurs with this finding. See corrective action plan.