Direct Arkansas to strengthen its administrative and management internal controls and processes over its Award Cash Management $ervice reconciliation process. Updated controls could include requiring that an individual who is independent from the standard Award Cash Management $ervice drawdown process perform periodic reconciliations of Award Cash Management $ervice drawdowns to Arkansas’s general ledger expenses for each NSF award.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Closed
Source UUID
24-1-002-Rec.1.2
Recommendation Number
Rec.1.2
Significant Recommendation
Yes