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