Update the CCLS Accounting and Fiscal Policies Manual to include policies and procedures with the following elements:• Processes for reconciling inventory to the general ledger;• Designation of a staff member who is responsible for reconciling the…

Date Issued
Recommendation number
16
Status
Closed

Update the CCLS Accounting and Fiscal Policies Manual to include policies and procedures with the following elements:• Processes for reconciling inventory to the general ledger;• Designation of a staff member who is responsible for reconciling the inventory results to general ledger;• Designation of a staff member who will perform the biennial inventory;• The grantee’s current practices for tracking capital assets and electronic devices; and• The grantee’s current process for maintaining property records and eliminate references to non-existent documents.

Significant Recommendation
No
Questioned Costs
$0
Funds for Better Use
$0