Submitting OIG:
Report Description:
We conducted a performance audit of the North Carolina Arts Council (NCAC) for the period of October 1, 2016 through September 30, 2019. Based on our performance audit, we concluded that NCAC generally complied with financial management system and recordkeeping requirements established by the Office of Management and Budget and the National Endowment for the Arts. However, we identified the following areas requiring improvement. NCAC: reported unallowable subaward costs on its Federal Financial Report; did not maintain current policies and procedures for subawards; did not have debarment and suspension policies and procedures; and did not have policies and procedures for the management of Federal awards.
Date Issued:
Tuesday, June 16, 2020
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
OIG-20-04
Location(s):
Agency-Wide
Type of Report:
Audit
Questioned Costs:
$30,000
Funds for Better Use:
$0
Number of Recommendations:
5
View Document:
Attachment | Size |
---|---|
NCAC Final Report No. OIG-20-04.pdf | 479.86 KB |