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

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.

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.

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).