Ensure that a physical inventory is conducted in 2020 and in subsequent two-year cycles, and that the Accounting & Financial Policies and Procedures Manual is updated to reflect the two-year inventory requirement.

Date Issued

January 11, 2021

Recommendation number

Status

Closed

Ensure that a physical inventory is conducted in 2020 and in subsequent two-year cycles, and that the Accounting & Financial Policies and Procedures Manual is updated to reflect the two-year inventory requirement.

Report

Audit of Selected Internal Controls at Legal Aid Society of Middle Tennessee and the Cumberlands

Significant Recommendation

Questioned Costs

Funds for Better Use

Ensure that a physical inventory is conducted in 2020 and in subsequent two-year cycles, and that the Accounting &amp; Financial Policies and Procedures Manual is updated to reflect the two-year inventory requirement.

Ensure that a physical inventory is conducted in 2020 and in subsequent two-year cycles, and that the Accounting & Financial Policies and Procedures Manual is updated to reflect the two-year inventory requirement.