NRS 353A requires state agencies to establish and maintain an effective management control system. However, the Nevada State Library has not fully established the appropriate level of controls over the awarding, monitoring, and accounting for Library Services and Construction Act grants. As a result, grant transactions were not always properly recorded, equipment inventory records were incomplete, and key grant transactions were not always documented.
The Nevada State Library complied with laws and regulations significant to its financial administration, except for preparation of employee performance evaluations and fully documenting its system of management controls.
Principal Findings
Number
Accepted Rejected
1
Completely and accurately document the awarding
and monitoring of LSCA grants including grants under
the control of the Nevada State Library........................
X
2 Ensure all accounting transactions are fully documented .. X
3
Record county CLAN expenditures by program project
within the CLAN budget account...................................
X
4 Update CLAN equipment inventory records..................... X
5
Perform employee performance evaluations as
required by statute........................................................
X
6 Revise the accounting procedures manual........................ X
TOTALS 6 0