Finding Text
Criteria or specific requirement (including statutory, regulatory, or other citation): Reporting. The accounts used to record expenditures on the quarterly expenditure reports should match the general ledger accounts where the expenditures are reported. Condition: There were three inconsistencies in the accounts used to record the expenditures in the general ledger vs what was reported on the expenditure reports. Questioned Costs: None, just a classification issue. Context: Tied out all of the expenditure account numbers to the general ledger vs the expenditure reports and noted three inconsistencies. Effect: The expenditure was not recorded/reported consistently between the two reports (G/L vs expenditure report). Cause: The timesheets were coded incorrectly for the work performed. Recommendation: It is recommended that a check of account numbers is done quarterly when the reports are filed to ensure that the account numbers are consistent. Management's response: We will code timesheets correctly and check quarterly.