Weaknesses Often Found in Internal Controls, Subrecipient Monitoring

Pre-Award, Procurement Issues Also Lead to Audit Findings
Jerry Ashworth
April 24, 2017 at 07:35:00 ET
Image Image
Subrecipient monitoring weaknesses and lack of internal controls are among the most frequent findings that auditors are reporting in nonfederal entity subpart F single audits, according to an official with accounting and consulting firm Crowe Horwath, LLC. Federal awarding agencies must apply subpart F of the Office of Management and Budget (OMB) uniform guidance to nonfederal enti... Read More