Internal Controls — Grant & Program Management

• Terms and conditions of a grant are met.
• Monies expended from the grant reach the appropriate recipients and are spent in accordance with applicable laws and regulations.
• Recipients and subrecipients understand their rights, requirements and responsibilities under the grant.
• Recipients and subrecipients are correctly discharging their responsibilities under the terms of the grant.
• Purposes of the grant are being met.
• Audit findings are promptly resolved.
• Any reporting required is completed accurately and on a timely basis.
• Compliance with state-/local-wide cost allocation plans.
• Compliance with any federal, state or local laws (the Buy American Act, Civil Rights Act, Bacon-Davis Act, etc.)

• Terms or conditions of a grant may be violated and grant funds may be suspended, recouped, etc.
• Grant monies may be erroneously or fraudulently misdirected to ineligible payees.
• Recipients or subrecipients may inappropriately or illegally use grant proceeds.
• Recipients or subrecipients may not receive money to which they are entitled.
• Lack of results monitoring and measurement may result in the grant proceeds not fulfilling their purpose.
• Unresolved audit findings may lead to the cancellation of the grant.
• Untimely or incorrect reporting may indicate ineffective or missing controls over financial reporting or an attempt to obfuscate financial or operational irregularities.
• Failure to comply with federal, state or local laws may result in fines, penalties and suspension of funding.
• Erroneous cost allocation computation of state or local cost allocation plans may result in the recoupment of grant monies.