Finding 58609 (2022-001)

Criteria: Uniform Guidance requires written procedures for cash management and determining the allowability of costs in accordance with Subpart E ? Cost Principals. Condition: The Arc of the Ozarks did not have written procedures for cash management (2 CFR 200.302(b)(6)) and allowable costs determination (2 CFR 200.302(b)(7)) in accordance with Uniform Guidance requirements. Questioned Costs: $0 Cause: The Arc of the Ozarks? written policies and procedures were not updated to include required Uniform Guidance policies. Effect: Employees of The Arc of the Ozarks could enter into a transaction that is not in compliance with Uniform Guidance requirements. Recommendation: We recommend The Arc of the Ozarks draft and adopt written procedures in accordance with Uniform Guidance requirements. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding and are in process of developing and implementing the appropriate policies and procedures.