The Executive Director should ensure that: (1) a cost allocation methodology is formulated, implemented and updated in the grantee's Accounting and Internal Control Manual. This updated cost allocation methodology should be adequately documented with…

The Executive Director should ensure that: (1) a cost allocation methodology is formulated, implemented and updated in the grantee's Accounting and Internal Control Manual. This updated cost allocation methodology should be adequately documented with sufficient detail for the auditor, LSC, OIG, GAO, and others to easily understand, follow, and test the formula; and (2) the Director of Finance performs the allocations that have been outstanding since July 2018. Thereafter, allocations should be performed timely and adhere to 45 CFR 1630.