Submitting OIG:
Report Description:
Limited scope audits involve a limited review of financial and non-financial information of grant recipients to ensure validity and accuracy of reported information, and compliance with state and Federal requirements. Our audit was conducted in accordance with the Government Auditing Standards (2011), issued by the Comptroller General of the United States, and concluded that NASAA generally complied with financial management system and record keeping requirements. However, we identified some areas requiring improvement to ensure that NASAA complies with grant requirements and improve its management of NEA awards. We determined that NASAA did not have written policies and procedures on suspension and debarment, and did not have updated policies and procedures for the management of Federal awards. Additionally, NASAA did not properly document in-kind transactions. Finally, NASAA included unallowable costs in its total outlays reported on its Federal Financial Report.
Short / Alternative Report Title:
NEA OIG Audit: NASAA
Date Issued:
Monday, February 29, 2016
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
LS-16-02
External entity, if applicable:
The National Assembly of State Arts Agencies
Location(s):
Washingtion, DC
United StatesType of Report:
Audit
Questioned Costs:
$39,142
Funds for Better Use:
$0
Number of Recommendations:
6
View Document:
Attachment | Size |
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LS-16-02-NASAA-Final-Report.pdf | 52.55 KB |