|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.
|Recommendation Number|| |
|Recommendation Status|| |
|Significant Recommendation|| |
|Recommendation Questioned Costs|| |
|Recommendation Funds for Better Use|| |