Finding Text
Criteria: According to the Delaware Division of Employment & Training, the Monthly Financial Report
is due on the 12th of each month. This ensures timely reimbursement from the Department of Labor and compliance with requirements.
Condition: During the audit, WGA noted that 6 of the 12 months of reporting were submitted after the 12th reporting deadline. All of the 6 late reports were submitted between the 13th and the 18th of the month.
Cause: The entity was short-staffed for the majority of the year under audit, causing extra work for the employees.
Effect: Failure to submit the Monthly Financial Report timely results in non-compliance with the Delaware Division of Employment & Training. This can lead to the loss of or decrease in funding. Moreover, it affects transparency and accountability of the entity's reporting process.
Recommendation: We recommend that management implement procedures to ensure that priority is given to complete the Monthly Financial Report and submit it timely.