Illustrative finding
Community Services Expansion Grant
1 · Finding
Personnel spending is $12,400 above the approved budget line.
No written rebudget approval or amended budget was located in the grant evidence binder.
Why it matters
The next financial report could conflict with the approved budget unless the transfer is permitted and documented.
2 · Exact evidence
Three source facts support the conclusion.
- Approved budget
- Personnel: $185,000
- Budget-to-actual through September 30
- Personnel: $197,400
- Evidence binder
- No amendment or written approval located.
3 · Resolution path
Resolve the discrepancy before reporting it.
- 1.Review the award's rebudgeting terms and approval threshold.
- 2.Document the permitted transfer or prepare a written approval request.
- 3.Attach the approval or corrected financial record and close the finding.
Owner
Finance Director
Due
Before quarterly report