Revise the AmeriCorps Grants Accrual (IBNR & Advance) SOP, dated September 2024, and Grant Accrual Survey and Lookback Analysis Policy, dated August 15, 2024, and Record-to-Report End-to-End Narrative Version 2.0, dated March 7, 2025, to address:
a. Validating and documenting the accuracy of the grantee survey data provided in support of the grant accrual validation.
b. Procedures for identifying and documenting AmeriCorps’ internal control objective in terms of materiality risk.
c. Procedures to confirm the validation process met AmeriCorps’ internal control objective. If it does not meet the internal control objective, then determine the cause and corrective action to address it next year.
Questioned Costs
$0
Funds for Better Use
$0
Recommendation Status
Open
Source UUID
AmeriCorps__Audit__2026-01-30__OIG-AR-26-01-1
Recommendation Number
1
Significant Recommendation
Yes