Finding Text
Finding 2022-001 CFDA # 84.425 and 93.323 Finding #1 Credit Card Charges Criteria: Credit card charges should be reconciled to statement on a monthly basis and charges to grants for qualified expenses should be reconciled to those credit card statements. Condition: Charges to credit card statements were reconciled weeks and some- time months after the statements had been received. Cause: Person responsible for the reconciliations failed to commit the time and resources to effectively and efficient reconcile the statements to the actual charges made by employees. Effect: It does not appear any charges made to the grants were unqualified but the potential exits for such an occurrence and could result in overcharging a grant. Recommend: Credit card charges need to be reconciled on a timely basis to ensure proper allocation and approval. District's Comments: The District has changed the person responsible for the reconciliations during the year end and by year end reconciliations were done timely.