Control Activities Form for Grant and Similar Programs Governmental Unit: Financial Statement Date: Completed by: Date: Instructions: See separate instructions at . Addresses or Control Has Significant Been Effectively Test Assertions Risk? Implemented? Automated? Designed? Control? Comments Recording Grants and Similar Programs reviews the entity’s financial reports on a periodic E/O, C, basis and investigates significant variances from budgets and expected R/O, V, results. A/CL, CO C2104—The government has procedures for identifying federal, state, E/O, C, and other awards. A/CL, CO government has accounting procedures, charts of accounts, E/O, C, etc., for identifying and recording receipts and expenditures of program A/CL funds separately and in the appropriate cost category for each award or grant. C2106—The government provides written notification to employees E/O, C, when grant provisions or regulations impose requirements that differ A/CL from the government’s normal policies and procedures. C2107—Reconciliations of grant financial reports with supporting E/O, C, accounting records are prepared, reviewed, and approved by a A/CL responsible official before filing. C2108—Financial reports are prepared for required accounting periods E/O, C, within the time imposed and on the basis of accounting required by the A/CL grantor agencies.
Control Activities Form for Grant and Similar Programs Governmental Unit: Financial Statement Date: Completed by: Date: Instructions: See separate instructions at . Assertions Addresses or Significant Risk? Control Has Been Implemented? Automated? Effectively Designed? Test Control? Comments Recording Grants and Similar Programs reviews the entity’s financial reports on a periodic basis and investigates significant variances from budgets and expected results. E/O, C, R/O, V, A/CL, CO C2104—The government has procedures for identifying federal, state, and other awards. E/O, C, A/CL, CO government has accounting procedures, charts of accounts, etc., for identifying and recording receipts and expenditures of program funds separately and in the appropriate cost category for each award or grant. E/O, C, A/CL C2106—The government provides written notification to employees when grant provisions or regulations impose requirements that differ from the government’s normal policies and procedures. E/O, C, A/CL C2107—Reconciliations of grant financial reports with supporting accounting records are prepared, reviewed, and approved by a responsible official before filing. E/O, C, A/CL C2108—Financial reports are prepared for required accounting periods within the time imposed and on the basis of accounting required by the grantor agencies. E/O, C, A/CL
ALG%20CX%205%2019%20Grant%20and%20Similar%20Programs.docx