Sample Substance Abuse Council Corrective Action Plan Year Ended June 30, 2017 Contact Person, Anticipated Comment Title, Date of Number Comment Title Corrective Action Plan Phone Number Completion II-A-17 Segregation of We have reviewed procedures and Julie Ledger, November 2, 2017 Duties plan to make the necessary Treasurer, changes to improve internal (515) YYY-XXXX control. II-B-17 Financial We will revise our current Tom November 2, 2017 Reporting procedures to ensure the proper Administrator, amounts are recorded in the (515) YYY-XXXX financial statements in the future. 2017-001 Unsupported We will revise our procedures so Tom Claim, Documentation to support Expenditures documentation (e.g. invoices and Administrator, expenditures will be time cards) is maintained to (515) YYY-XXXX maintained effective support federal expenditures. We immediately. The questioned returned the $25,589 of questioned were returned to the Iowa costs to the Iowa Economic Economic Development Development Authority on Authority on October 3, 2017. October 3, 2017 2017-002 Segregation of We have reviewed procedures and Julie Ledger, November 2, 2017 Duties over plan to make the necessary Treasurer, Federal changes to improve internal (515) YYY-XXXX Revenues control. Specifically, to custody, record-keeping and reconciling functions currently performed by the Deputy Treasurer will be separated and spread the Treasurer, Deputy Treasurer and Clerk. 2017-003 Financial We have implemented an Joe Review procedures have been Reporting independent review process which Program Director, implemented. requires review by the Program (515) YYY-XXXX Timely report filing will Director, effective immediately. In with the quarter ending addition, beginning with the December 2017. December 2017 quarterly report, we will submit federal financial reports within the required time frame. In accordance with Uniform Guidance Section 200.511(a), the Corrective Action Plan must include findings relating to the financial statements are required to be reported in accordance with Government Auditing Standards.
Sample Substance Abuse Council Corrective Action Plan Year Ended June 30, 2017 Comment Number Comment Title Corrective Action Plan Contact Person, Title, Phone Number Anticipated Date of Completion II-A-17 Segregation of Duties We have reviewed procedures and plan to make the necessary changes to improve internal control. Julie Ledger, Treasurer, (515) YYY-XXXX November 2, 2017 II-B-17 Financial Reporting We will revise our current procedures to ensure the proper amounts are recorded in the financial statements in the future. Tom Administrator, (515) YYY-XXXX November 2, 2017 2017-001 Unsupported Expenditures We will revise our procedures so documentation (e.g. invoices and time cards) is maintained to support federal expenditures. We returned the $25,589 of questioned costs to the Iowa Economic Development Authority on October 3, 2017 Tom Claim, Administrator, (515) YYY-XXXX Documentation to support expenditures will be maintained effective immediately. The questioned were returned to the Iowa Economic Development Authority on October 3, 2017. 2017-002 Segregation of Duties over Federal Revenues We have reviewed procedures and plan to make the necessary changes to improve internal control. Specifically, to custody, record-keeping and reconciling functions currently performed by the Deputy Treasurer will be separated and spread the Treasurer, Deputy Treasurer and Clerk. Julie Ledger, Treasurer, (515) YYY-XXXX November 2, 2017 2017-003 Financial Reporting We have implemented an independent review process which requires review by the Program Director, effective immediately. In addition, beginning with the December 2017 quarterly report, we will submit federal financial reports within the required time frame. Joe Program Director, (515) YYY-XXXX Review procedures have been implemented. Timely report filing will with the quarter ending December 2017. In accordance with Uniform Guidance Section 200.511(a), the Corrective Action Plan must include findings relating to the financial statements are required to be reported in accordance with Government Auditing Standards.
17SubstanceAbuseReport_518E85E4E18F2.docx