Document the acquisition process and necessary requirements to determine the appropriate date placed in service for PP&E, and update and enhance policies and procedures to align with the requirements of the applicable financial reporting standards.

Report

Audit of the Consumer Product Safety Commission's Fiscal Year 2023 Financial Statements

Date Issued

Fri, 02/02/2024 - 12:00

Oversight.gov UUID

2c18fa1a-a4fd-49b1-bea8-cd54fd686719

Status

Open

Recommendation Number

Sync

Questioned Costs

Significant Recommendation

Off

Breadcrumb

Document the acquisition process and necessary requirements to determine the appropriate date placed in service for PP&amp;E, and update and enhance policies and procedures to align with the requirements of the applicable financial reporting standards.

Document the acquisition process and necessary requirements to determine the appropriate date placed in service for PP&E, and update and enhance policies and procedures to align with the requirements of the applicable financial reporting standards.