Finding Text
2022-001 Implement Documented Policies and Procedures Over Federal Awards Federal Program(s) Information Cluster/Program: All Federal Programs Type of Finding Compliance ? Other Matters Criteria or Specific Requirement OMB?s Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (UG) established significant new requirements related to federal awards. The new requirements stipulate that federal award recipients must document their policies and procedures over certain aspects of financial and program management. Specifically, written policies are required for the following: Determination of allowable costs Employee travel Cash management Matching Procurement Reporting Subrecipient monitoring and management Condition and Context The Organization does not have formal written policies and procedures related to federal awards, as required by the Uniform Guidance. Cause Weaknesses in the design internal controls. Effect or Potential Effect There are no questioned costs as a result of this finding, as there are no costs directly associated with this compliance requirement, and this is a procedural requirement under the Uniform Guidance. Recommendation The Organization should address the weakness in the formal documentation of internal controls noted above in order to comply with the Uniform Guidance. Views of Responsible Official Management agrees with the finding. Planned Corrective Action Management?s corrective action plan is included at the end of this report after the schedule of prior year findings.