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Recommendation Details
Text of Recommendation
At least twice per year, to coincide with the preparation and review of the third and fourth quarter financial statements, the Commission should track the status of each open obligation for which an advance payment was made in order to determine what amount, if any, should be recognized as an expense for that period and what amount should remain or be reclassified as an advance.
Recommendation Number
CFO-2022-11
Recommendation Status
Closed
Significant Recommendation
No
Recommendation Questioned Costs
$0
Recommendation Funds for Better Use
$0
Additional Information
Recommendation closed by the IPA firm as of 11/14/2023.
Associated Report Details
Submitting OIG
Report Title
FY2022 Financial Statement Audit
Report Date Issued
Tuesday, November 15, 2022
Report Agency Reviewed / Investigated
Report Questioned Costs
$0
Report Funds for Better Use
$0