Financial Audit of the Innovation for Improving Early Grade Reading Activity Project in Bangladesh Managed by the Bangladesh Rural Advancement Committee, Grant Agreement AID-388-G-15-00001, June 1, 2015, to December 31, 2016

Recommendations

Recommendation 1

USAID determine the allowability of $29,704 in questioned costs (unsupported) discussed on page 2 of this memorandum and detailed in Observations 01 and 02 on pages 34–36 in Appendix E of the report, and recover any amount that is unallowable.

Questioned Cost:
$29,704
Recommendation 2

USAID establish the amount of cost-sharing shortfall (the excess of budgeted contributions over actual contributions) for the period audited, determine allowability, and recover, as appropriate.

Questioned Cost:
$0
Recommendation 3

USAID verify that Bangladesh Rural Advancement Committee corrects the two material weaknesses in internal control (Observations 01 and 02 on pages 34–36 in Appendix E of the report).

Questioned Cost:
$0