Finding Text
Fiscal year finding initially occurred: 2023
Head Start Cluster (93.600)
CRITERIA: In accordance with the federal program guidelines, the Organization is required to share accurate and regular financial information with the governing body and the policy council, including monthly financial statements.
CONDITION: The Organization did not provide financial statements related to the federal programs on a monthly basis.
CAUSE: The Organization shares bimonthly financial statements; however, the financial statements are required to be shared on a monthly basis.
EFFECT: The Organization did not share monthly financial statements with the governing bodies; therefore, it was not in compliance with the regulation. RECOMMENDATION: The Organization should ensure the sharing of accurate and regular information for use by the governing body and the policy council, about program planning, policies, and Head Start agency operations, including-- (A) monthly financial statements, including credit card expenditures; (B) monthly program information summaries; (C) program enrollment reports, including attendance reports for children whose care is partially subsidized by another public agency; (D) monthly reports of meals and snacks provided through programs of the Department of Agriculture; (E) the financial audit; (F) the annual self-assessment, including any findings related to such assessment; (G) the communitywide strategic planning and needs assessment of the Head Start agency, including any applicable updates; (H) communication and guidance from the Secretary; and (I) the program information reports.
MANAGEMENT’S CORRECTIVE ACTION PLAN: United Way of Acadiana acknowledges the recommendation and is dedicated to improving our procedures to guarantee the accurate and timely dissemination of information to the governing body and policy council. Beginning Q4 2023, we have consistently provided monthly financial reports to the governing body, and we are committed to maintaining this practice going forward.