The results of our audit disclosed a deficiency in internal control that is considered reportable under Government Auditing Standards. We found that the Golden LEAF Foundation can improve its monitoring of grant recipients. The North Carolina Administrate Code requires that state-funded grants be monitored for compliance with grant requirements. Inadequate monitoring increases the risk of waste and/or misuse of funds. More details are provided in the Audit Findings and Responses section of the report.

Division/Office
Audit Reports
Fiscal Control / Financial-Related
Document Entity Terms
General Government
First Published