Core Issue: Purchases lack proper documentation of approvals.
Impacted Requirements: This violates federal and state procurement standards.
Recommended Follow-Up: Develop clear accounting policies to ensure all approvals are documented.
Finding Text
CFDA 17.277 Program Title: EKCEP
CFDA No. 23.001 Program Title: EKAMI Workforce Development Program
Condition: Approval of purchases not documented.
Criteria: All purchases should be approved by appropriate personnel and all approvals should be documented
Cause: Lack of written policies and procedures.
Effect: Failure to meet federal and state procurement requirements.
Recommendation: Accounting policies and procedures should be established detailing how approvals should be documents.
Views of Responsible Officials and Planned Corrective Actions: The organization is currently researching & is in the process of forming policies that would specify how approvals are documented. The organization already has a policy stating that there must be board approval for disbursements over $10,000.
Corrective Action Plan
The organization is in the process of researching and subsequently adopting the policies and procedures that will put the organization in compliance with the procurement standards.