Yelm Cooperative Internal Controls Guidelines for Federal Grants

The following guidelines have been established pursuant to regulations established under the ELECTRONIC CODE OF FEDERAL REGULATIONS (e –CFR) Title 2 → Subtitle A → Chapter II → Part 200

 200.303   Internal controls.

The Yelm Cooperative:

(a) has established and maintains effective internal control over the Federal award that provides reasonable assurance that the Yelm Cooperative is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls are in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

(b) Complies with Federal statutes, regulations, and the terms and conditions of the Federal awards.

(c) Evaluates and monitors Yelm Cooperative’s compliance with statutes, regulations and the terms and conditions of Federal awards.

(d) Takes prompt action when instances of noncompliance are identified including noncompliance identified in audit findings.

(e) Takes reasonable measures to safeguard protected personally identifiable information and other information the Federal awarding agency or pass-through entity designates as sensitive or the non-Federal entity considers sensitive consistent with applicable Federal, state, local, and tribal laws regarding privacy and obligations of confidentiality.