Audit 293517

FY End
2018-09-30
Total Expended
$42.80M
Findings
28
Programs
6
Year: 2018 Accepted: 2024-03-05
Auditor: Rln US LLP

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
372196 2018-003 Material Weakness - C
372197 2018-005 Material Weakness - L
372198 2018-004 Significant Deficiency - E
372199 2018-003 Material Weakness - C
372200 2018-005 Material Weakness - L
372201 2018-003 Material Weakness - C
372202 2018-005 Material Weakness - L
372203 2018-003 Material Weakness - C
372204 2018-005 Material Weakness - L
372205 2018-006 Material Weakness - M
372206 2018-003 Material Weakness - C
372207 2018-005 Material Weakness - L
372208 2018-003 Material Weakness - C
372209 2018-005 Material Weakness - L
948638 2018-003 Material Weakness - C
948639 2018-005 Material Weakness - L
948640 2018-004 Significant Deficiency - E
948641 2018-003 Material Weakness - C
948642 2018-005 Material Weakness - L
948643 2018-003 Material Weakness - C
948644 2018-005 Material Weakness - L
948645 2018-003 Material Weakness - C
948646 2018-005 Material Weakness - L
948647 2018-006 Material Weakness - M
948648 2018-003 Material Weakness - C
948649 2018-005 Material Weakness - L
948650 2018-003 Material Weakness - C
948651 2018-005 Material Weakness - L

Contacts

Name Title Type
F6G9C4HMNHW4 Jaime Ulloa Auditee
2029496726 Roland Nezaj Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The schedule of expenditures of federal awards (the Schedule) includes the federal award activity of American Society for Engineering Education (the Society) under programs of the federal government for the year ended September 30, 2018. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Society, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Society. De Minimis Rate Used: N Rate Explanation: The Society has not elected to use the 10 percent de minimis indirect cost rates as allowed under the Uniform Guidance, but rather the rates established directly with the respective federal agencies.

Finding Details

The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society has not implemented proper internal control and has inadequate policies, and procedures to ensure that supporting documentation for the eligibility of the program participants is retained
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
During our testing, we identified that the Society did not perform required policies and procedures required under the subrecipient monitoring compliance requirements. Additionally, Society did not have a policy document for monitoring subrecipients
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society has not implemented proper internal control and has inadequate policies, and procedures to ensure that supporting documentation for the eligibility of the program participants is retained
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
During our testing, we identified that the Society did not perform required policies and procedures required under the subrecipient monitoring compliance requirements. Additionally, Society did not have a policy document for monitoring subrecipients
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract
The Society does not have an adequate process to reconcile its cash balances, perform a review of the cash reconciliation, and address unreconciled items. Further, during our audit we noted that, on certain occassions, billing for expeneses related to federal grants was not carried out in a timely manner
During our testing, we noted that the Society did not have the internal controls in place regarding the preparation and review and did not regularly report to the governmental agencies the program performance reports as stipulated within the program award contract