Each year that the district receives a financial audit, district management should take the actions listed below to address any findings noted in the audit, including the USFR compliance questionnaire findings. Districts should focus their corrective actions first on any specific, significant areas noted in any correspondence from our Office. Districts that receive a noncompliance letter from our Office are required to submit the corrective action plan described below to our Office as part of the follow-up process.
- Review the audit reports and USFR compliance questionnaire to note any deficiencies.
- Identify the requirements that were not met that resulted in the deficiencies.
- Discuss possible corrective actions with the district’s auditor or our Office if there are questions on how to correct a deficiency.
- Develop and implement a corrective action plan that includes:
- Reviewing and educating employees on the guidance in the USFR, FAQs, webinars, etc. related to the deficiency.
- Specific corrective actions broken into steps and assigned to individuals.
- Names of the individuals responsible for taking those actions.
- Specific procedures that will be used to verify corrections have been made.
- Names of the individuals who will verify the corrective actions taken by others.
- Timeline for correction and verification to be completed.
Video—Click here to access a video designed to help districts address audit deficiencies and prepare an effective corrective action plan.
Template—Click here to access a corrective action plan template in Microsoft Excel that districts may use as a starting point for developing a corrective action plan.