Finding Text
Criteria: The Organization must have controls in place to ensure costs are allowable per grant agreement and Compliance Supplement. Per the Compliance Supplement, Section B, Allowable Costs/Cost Principles, the Organization must ensure direct charges to federal awards were for allowable costs and adequately documented. Condition: Timecards are reviewed by the appropriate personnel to ensure costs are allowable. Based on 34 timecards selected for testing, 5 did not have approvals documented before the disbursement occurred. Cause: The Organization's controls were not functioning effectively.Effect: Unallowable costs could be submitted for reimbursement due to controls not functioning effectively. Recommendation: We recommend that the Organization document all timecard approvals before the disbursement occurs. Proposed Completion Date: January 31, 2024