Financial reports Ascertain if the financial reports were complete, accurate, and prepared in accordance with the required accounting basis. Trace the amounts reported to accounting records that support the audited financial statements and the Schedule of Expenditures of Federal Awards and verify agreement or perform alternative procedures to verify the accuracy and completeness of the reports and that they agree with the accounting records. If reports require information on an accrual basis and the entity does not prepare its accounting records on an accrual basis, determine whether the reported information is supported by available documentation. For any discrepancies noted in SF-425 reports concerning cash status when the advance payment method is used, review subsequent SF-425 reports to ascertain if the discrepancies were appropriately resolved with the applicable payment system. Review accounting records and ascertain if all applicable accounts were included in the sampled reports (e.g., program income, expenditure credits, loans, interest earned on Federal funds, and reserve funds). When intervening computations or calculations are required between the records and the reports, trace reported data elements to supporting worksheets or other documentation that link reports to the data. Test mathematical accuracy of reports and supporting worksheets. Performance and special reports Trace the reported data to records that accumulate and summarize data. Perform tests of the underlying data to verify that the data were accumulated and summarized in accordance with the required or stated criteria and methodology, including the accuracy and completeness of the reports. Review the supporting records and ascertain if all applicable data elements were included in the sampled reports. When intervening computations or calculations are required between the records and the reports, trace reported data elements to supporting worksheets or other documentation that link reports to the data. Test mathematical accuracy of reports and supporting worksheets. Obtain written representation from management that the reports provided to the auditor are true copies of the reports submitted or electronically transmitted to the Federal awarding agency, the applicable payment system, or pass-through entity in the case of a subrecipient. ARRA Section 1512 Reports - Not applicable, as this program passed through ODJFS, and these ARRA Tests are only applicable to direct recipients. FFATA Reporting - First-tier subaward reporting (referred to as “subcontracts” if subject to the FAR) under the Transparency Act (Not ARRA funded) - Not applicable, as this program passed
Financial reports Ascertain if the financial reports were complete, accurate, and prepared in accordance with the required accounting basis. Trace the amounts reported to accounting records that support the audited financial statements and the Schedule of Expenditures of Federal Awards and verify agreement or perform alternative procedures to verify the accuracy and completeness of the reports and that they agree with the accounting records. If reports require information on an accrual basis and the entity does not prepare its accounting records on an accrual basis, determine whether the reported information is supported by available documentation. For any discrepancies noted in SF-425 reports concerning cash status when the advance payment method is used, review subsequent SF-425 reports to ascertain if the discrepancies were appropriately resolved with the applicable payment system. Review accounting records and ascertain if all applicable accounts were included in the sampled reports (e.g., program income, expenditure credits, loans, interest earned on Federal funds, and reserve funds). When intervening computations or calculations are required between the records and the reports, trace reported data elements to supporting worksheets or other documentation that link reports to the data. Test mathematical accuracy of reports and supporting worksheets. Performance and special reports Trace the reported data to records that accumulate and summarize data. Perform tests of the underlying data to verify that the data were accumulated and summarized in accordance with the required or stated criteria and methodology, including the accuracy and completeness of the reports. Review the supporting records and ascertain if all applicable data elements were included in the sampled reports. When intervening computations or calculations are required between the records and the reports, trace reported data elements to supporting worksheets or other documentation that link reports to the data. Test mathematical accuracy of reports and supporting worksheets. Obtain written representation from management that the reports provided to the auditor are true copies of the reports submitted or electronically transmitted to the Federal awarding agency, the applicable payment system, or pass-through entity in the case of a subrecipient. ARRA Section 1512 Reports - Not applicable, as this program passed through ODJFS, and these ARRA Tests are only applicable to direct recipients. FFATA Reporting - First-tier subaward reporting (referred to as “subcontracts” if subject to the FAR) under the Transparency Act (Not ARRA funded) - Not applicable, as this program passed