Text of Recommendation
Completely implement monitoring activities over the effectiveness of existing controls to ensure expenses, including accruals, are recorded accurately. Such activities should include, at a minimum:
a. Coordinating with the participating agencies to monitor the design and effectiveness of accrual controls.
b. Responding to the results of such monitoring with appropriate revisions to process-level activities and controls as necessary.
a. Coordinating with the participating agencies to monitor the design and effectiveness of accrual controls.
b. Responding to the results of such monitoring with appropriate revisions to process-level activities and controls as necessary.
Recommendation Number
1
Date Issued
Status
Resolved
Component
Other Component