Audits A-133 Compliance and Audit Readiness. By: Tracy Jackson Senior Grants Management Specialist (Audits). Audits. Sets forth standards for obtaining consistency and uniformity among Federal agencies for the audit of non-Federal entities expending Federal awards.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
By: Tracy Jackson
Senior Grants Management Specialist (Audits)
Program-Specific AuditA-133 Audits: Requirements
Common Audit Findings Review and Assessment
Expenditures are not properly supported.
Reports not filed in a timely manner; incomplete or missing reports.
Payments initiated and approved by the same individual.
Segregation of Duties
Lack of financial or performance monitoring.
Cost expended are not consistent with project avtivities and/or are unallowable in accordance with the applicable costs principles of the award.
Tracy Jackson | email@example.com | 301-628-1323