Text of Recommendation | Develop a procedure to identify and track all on-top adjustments, worksheet adjustments, and other corrections for prior year transactions that were processed during the prior fiscal year, evaluate their effects on current year balances and record them timely (during the first quarter of the fiscal year) in the general ledger. (Repeat finding from 2021 Financial Statement Audit) |
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Recommendation Number | CFO-2022-21 |
Recommendation Status | Closed |
Significant Recommendation | No |
Recommendation Questioned Costs | $0 |
Recommendation Funds for Better Use | $0 |
Additional Information | Repeat recommendation from FY2021 Financial Statement Audit. Previous Recommendation: CFO-2021-01. The IPA closed the recommendation on 11/14/2023. |
Submitting OIG | |
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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 |