Answer: The audit revealed gaps in compliance with management protocols.
Trend: There has been a consistent decline in adherence to established management practices over the past year.
List: Key areas needing attention include documentation, communication, and training for management staff.
Finding Text
level of management.
Corrective Action Plan
The organization has created a new process to create and retain documentation for each drawdown, which is reviewed and now available for further audits to ensure no improper drawdowns took place, including the grant year associated with each drawdown.