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COVID-19: Audit of Costs Incurred by World Vision (WV) from March 1, 2020 to March 31, 2022

Audit · U.S. Agency for International Development OIG · 2024-07-10 · about U.S. Agency for International Development

Report

Title
COVID-19: Audit of Costs Incurred by World Vision (WV) from March 1, 2020 to March 31, 2022
Submitting OIG
U.S. Agency for International Development OIG
Component agency
U.S. Agency for International Development
Type
Audit
Publication date
2024-07-10

Recommendations (9)

#StatusText
1OpenDetermine the allowability of $3,098,895 in questioned direct labor costs on pages 6-7 of the audit report and recover any amount that is unallowable.
2ClosedRequire World Vision to develop and implement policies and procedures to periodically record and review time worked and any proportional allocation of the costs for greater accuracy.
3ClosedRequire World Vision to develop and implement policies and procedures to establish a requirement to document the basis of the allocation percentages.
4ClosedRequire World Vision to develop and implement policies and procedures to ensure that management is verifying and documenting the percentage of labor hours that employees charged to awards.
5ClosedRequire World Vision to develop processes and establish controls to ensure each of World Vision offices are submitting the Value-Added-Tax reports by April 16 of the preceding year.
6ClosedRequire World Vision to establish controls to ensure each of its offices submit a separate annual report for each of its reporting responsibilities by the established deadline or obtain concurrence from USAID to utilize reports for multiple reporting…
7ClosedDetermine the allowability of $144,372 in questioned direct costs on page 12 of the audit report and recover any amount that is unallowable.
8ClosedRequire World Vision to develop and implement policies and procedures to ensure adequate documentation (e.g., invoices, itemized receipts, and basis) is created and/or maintained to adequately support direct costs claimed.
9ClosedRequire World Vision to execute a record retention and audit response policy where documents are maintained and readily available in a timely manner to adequately support direct costs claimed, specifically considering the requirements of Code of…

Source

Authoritative
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