Text of Recommendation | Direct Arkansas to strengthen its monitoring procedures for classifying equipment purchases. Updated procedures could include: • Implementing an annual review process for costs exceeding $5,000 charged to its “Other Costs” account to determine whether it should capitalize the expenses. • Requiring that personnel manually review equipment invoices to ensure they have appropriately capitalized the shipping costs and have excluded the costs from the Modified Total Direct Cost base. |
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Recommendation Number | Rec. 4.2 |
Recommendation Status | Open |
Significant Recommendation | Yes |
Recommendation Questioned Costs | $0 |
Recommendation Funds for Better Use | $0 |
Submitting OIG | |
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Linked Report |