18.20(b)(1) Financial Reporting. Grantees must have procedures to provide reasonable assurance that "accurate, current, and complete disclosure of the financial results of financially assisted activities (are) made in accordance with the financial reporting requirements of the grant or subgrant."
- Condition: FSR reports not filed timely.
- Condition: Amounts reported in the FSR’s not properly supported by documentation.
2005 - Federal Transit Administration