Finding Text
Condition: Documentation of review and approval was unable to be provided for certain financial and performance reports.
Cause: Due to the transition of staff and accounting systems throughout the year, the Organization had inconsistent maintenance of accounting records.
Context: For 27 of the 27 reports selected for testing across all programs, the Organization was unable to provide documentation of the review and approval by the Program Director.
Effect: A lack of oversight by the Program Director could result in material misstatements of the reports submitted to funders.
Recommendation: Documentation should be maintained of the controls conducted by the Organization.
View of Responsible: The Organization agrees with the finding, see corrective action plan.