Core Issue: There is a significant deficiency in internal controls regarding invoice approvals for federal grants.
Impacted Requirements: 10 out of 26 invoices lacked documented management approval, violating compliance procedures.
Recommended Follow-Up: Implement a standard procedure to ensure all invoices are approved and documented by management.
Finding Text
Finding 2022-001: Allowable costs ? Significant deficiency in internal control over compliance 21st Century Community Learning Centers Criteria: CISDR?s internal control procedures over compliance stipulate that all invoices be approved by management. Condition: During allowable cost testing for federal grants, 10 out of the 26 invoices tested did not have documented approval from management. Cause: CISDR did not have a standard procedure in place to document management?s approval. Effect: CISDR?s reporting of allowable cost is not fully documented in accordance with internal control procedures over compliance. Questioned Costs: None Recommendation: Management should ensure documentation of approval of all invoices are kept on file. Management?s Response: See corrective action plan.
Categories
Allowable Costs / Cost PrinciplesReportingSignificant DeficiencyInternal Control / Segregation of Duties