The audit objectives were to determine whether program funds were managed in accordance with the ARC and Federal grant requirements.
Newport, TN
United States
The audit objectives were to determine whether program funds were managed in accordance with the ARC and Federal grant requirements.
Newport, TN
United States
Recommendation Number | Significant Recommendation | Recommended Questioned Costs | Recommended Funds for Better Use | Additional Details | |
---|---|---|---|---|---|
25-30-01 | No | $0 | $0 | ||
Establish policies and procedures for administrative and financial management including determining the allowability and allocability of costs, record retention, procurement, internal control, tracking of costs by approved budget categories, reconciliation of costs to financial reports, and timely submission of performance progress and financial reports in accordance with the Uniform Guidance and grant agreement. | |||||
25-30-02 | No | $456,942 | $0 | ||
Work with ARC to resolve the questioned cost totaling $456,942 for ARC funded costs. | |||||
25-30-03 | No | $75,000 | $0 | ||
Work with ARC to resolve the questioned cost totaling $75,000 for non-ARC matching cost share. | |||||
25-30-04 | No | $0 | $0 | ||
Revise and resubmit the SF-270 and the related reimbursement table to reflect the accurate budget category of Contractual cost instead of Personnel. | |||||
25-30-05 | No | $1,167 | $0 | ||
Work with ARC to resolve the questioned cost totaling $1,167 for non-ARC Matching cost share |