Finding 2021-005 Management agrees with the finding and is implementing the accompanying corrective
action plan.
Views of Responsible Officials:
Jessica Martinez, Program Director
Jacy Hyde, Executive Director
Joel Rusco, Chief Financial and Administrative Officer
Contact Person:
Joel Rusco, Chief Financial and Administrative Officer
Jessica Martinez, Program Director
Corrective Action Plan:
• CFSC has reviewed the payroll procedures and has retained Clark Nuber to
implement an additional review of grant-related charges as well as the
procedure to ensure charges are accurately recorded.
• Clark Nuber has done a review of the current time and effort policy and
procedures and proposed updates and revisions. Clark Nuber’s
recommendations will be reviewed and approved cy CFSC management and
thereafter implemented by CFSC staff.
• Any changes to timecards or reporting allocations for payroll be substantiated
by supporting documentation. Journal entry and cost transfer policies and
procedures will be enhanced to require sufficient documentation, attestations,
and approvals before the charges are recorded or reported to funders.
• A full review of costing policies and procedures, IDC rate calculations, and cost
allocation plan is anticipated to begin mid-2024.
Anticipated Completion Date:
The Payroll and Time and Effort policies and procedures review is to be completed by
the end of Quarter 2 of FY 2024.