Text of Recommendation | The Commission should update its financial reporting policies and procedures to include the recording of new capitalized purchases, disposals of capitalized property, and depreciation/amortization in accordance with generally accepted accounting principles. |
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Recommendation Number | CFO-2021-13 |
Recommendation Status | Closed |
Significant Recommendation | No |
Additional Information | The IPA firm closed the recommendation during the FY2022 Financial Statement audit process. |
Submitting OIG | |
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Report Title | FY2021 Financial Statement Audit |
Report Date Issued | Tuesday, November 16, 2021 |
Report Agency Reviewed / Investigated | |
Report Questioned Costs | $0 |
Report Funds for Better Use | $0 |