Tag Archives: internal controls

Sneak Preview: Auditors Making Internal Control Testing Errors

(The following was excerpted from a recent article in the Single Audit Information Service.) Even though audit industry standards and provisions in the Office of Management and Budget’s uniform guidance require firms conducting single audits to perform procedures to obtain…

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Big Change in Compliance Supplement’s Internal Controls Section

When auditors are conducting their single audits of federal awards, they tend to prefer to follow a relatively concrete set of instructions. True, auditor judgment is a part of the job, but having suggested audit procedures, such as those found…

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Sneak Preview: N.C.’s Medicaid Application Process Criticized

(The following was excerpted from an article in the Single Audit Information Service.) The North Carolina Department of Health and Human Services, Division of Medical Assistance seeks to implement best practices by March 2015 to better ensure that only qualified…

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Indiana Auditor Finds Fault with County Auditor’s Internal Controls

It’s one thing for an auditor to come down hard on a grant recipient for lacking internal controls — that we’ve seen before. But it’s another when an auditor takes another auditor to task for that same offense. When I…

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Make Sure Someone’s In When You're Out

We hope everyone enjoyed their July 4th holiday. Personally, I spent much of the extended weekend painting my daughter’s bedroom (long-time followers of Funding Attractions may notice a trend here).  I also used the opportunity to prune and plant some…

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Suffering Through So Many Pauses

Lately it seems that I’ve been surrounded by computers that have, well, not been running at 100 percent. They seem to be running v-e-r-y s-l-o-w-l-y. You go to the Internet, type in a Web address and wait, wait, wait for…

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Someone Forgot To Check the Books

One of the disturbingly interesting things I enjoy about my job covering grants management and single audits is those occasional meetings I attend where an auditor or investigator is discussing fraud, complete with examples of recent fraud cases. What really…

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Now’s an Even Better Time to Get Educated

It’s late August and to kids across the country, that means summer break is ending and it is or almost is “Back to School” time. However, for those in the grants management and auditing community, staying educated on the latest…

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LSC Issues Request for Proposals on its Internal Controls

The Legal Services Corporation is trying to get the word out about a request for proposals for the evaluation and assessment of its internal controls for the competitive grants process used to award grants. We thought we’d help them in…

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Sneak Preview: Wash. State Officials Plan To Post Best Practices

Washington state financial management officials plan to post best practices and tools online to help its state agencies encourage grantee compliance and reduce grantee internal control weaknesses.

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