What documentation is required for an audit?
• Contracts, modifications, and related correspondence with DHMH • Copies of audited financial statements and management letters • System of monitoring and controlling funds distributed to Purchase of Service and/or Pass-Through sub-contractors, if applicable • Cost report, if applicable • Chart of accounts • Reconciliation of the general ledger/trial balance to the year-end financial report (DHMH 440) • Bank statements, bank reconciliations, cancelled checks, and validated deposit slips • General ledger, financial reports, accounts receivable, cash receipts, payroll and accounts payable journals • Payroll documents (employees time sheets and leave records, W-2s, State withholdings, unemployment reports, cancelled checks, and documentation for payroll allocations, accruals and other adjustments) • Invoices and documentation for expenditure allocations, accruals and other adjustments • Licenses for facility and/or staff • Equipment inventory records • List of equipment purchases and dis
