Text of Recommendation | We recommend that MCC enhance its Expense Accruals Financial Management Division Procedure Manual to: _x000D_
a. Define the criteria for when the assumption that MCC's maximum liability being equivalent to unused spending authority at the end of the quarter is not valid and why. _x000D_
b. Fully address the MCA confirmation process and how it is carried out and documented. _x000D_
c. Incorporate the desk procedures so that the procedures are formally reviewed and approved_x000D_
d. Address how a grant accrual estimate provided by an MCA should be evaluated_x000D_
to determine if it is reasonable. _x000D_
e. Establish a procedure to ensure that MCC provides an MCA with sufficient time to address MCC's request to assess the reasonableness of the MCC calculated grant accrual for an MCA. _x000D_
f Formalize the guidance provided to an MCA on what supporting documentation should be provided to address the reasonableness of the MCC calculated grant accrual for an MCA or providing an accrual estimate for an MCA to MCC._x000D_
_x000D_
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Recommendation Number | 3 |
Recommendation Status | Closed |
Recommendation Questioned Costs | $0 |
Recommendation Funds for Better Use | $0 |
Submitting OIG | |
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Linked Report |