Audit 34495

FY End
2022-06-30
Total Expended
$56.58M
Findings
6
Programs
16
Organization: Universidad Carlos Albizu, Inc. (PR)
Year: 2022 Accepted: 2023-01-17
Auditor: Galindez LLC

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
31683 2022-003 Significant Deficiency Yes B
31684 2022-004 Significant Deficiency Yes B
31685 2022-003 Significant Deficiency Yes B
608125 2022-003 Significant Deficiency Yes B
608126 2022-004 Significant Deficiency Yes B
608127 2022-003 Significant Deficiency Yes B

Contacts

Name Title Type
LBAJDXALYHT4 Carmen Rivera Laboy Auditee
7877256500 Taireli Hidalgo Auditor
No contacts on file

Notes to SEFA

Title: Note 4 -Loan Program Accounting Policies: a.The Schedule is prepared from the Universitys accounting records.b.The financial transactions are recorded by the University in accordance with the terms and conditions of the grants, which are consistent with accounting principles generally accepted in the United States of America.c.Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures may or may not be allowable or may be limited as to reimbursement. d.The University does not use the 10-percent de minims indirect cost rate, as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The University participates in the Federal Direct Student Loan Program (Direct Loans) (ALN 84.268). Loans made through the Direct Loans program are provided by the federal government; accordingly, the disbursements under the program and the outstanding loan balances are excluded from the financial statements of the University. However, such program is considered a component of the student financial assistance program at the University. Federal expenditures for these loans are determined when loans are made to students. The balance of loans for previous years is not considered federal expenditures of the current year because the lender accounts for them. Direct Loans are made by the Secretary of Education. The Students Aid Reports (SAR) or Institutional Student Information Record (ISIR), along with other information, is used by the University to originate a students loan. New loans processed for students during the year ended June 30, 2022 amounted to $39,416,555.
Title: Note 1 - Basis of Presentation Accounting Policies: a.The Schedule is prepared from the Universitys accounting records.b.The financial transactions are recorded by the University in accordance with the terms and conditions of the grants, which are consistent with accounting principles generally accepted in the United States of America.c.Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures may or may not be allowable or may be limited as to reimbursement. d.The University does not use the 10-percent de minims indirect cost rate, as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying supplementary Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Universidad Carlos Albizu, Inc. (the University) and is presented on the accrual basis of accounting. The information in the 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). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the Universitys financial statements.Because the Schedule presents only a selected portion of the activities of the University, it is not intended to, and does not present the financial position, changes in net assets, and cash flows of the University. Funds received for students financial assistance (principally Pell Grant and Federal Direct Student Loan Program) that are awarded directly to students for educational purposes are excluded from revenues and expenses. These grants are applied to the students tuition and fees and any excess is paid to the students.
Title: Note 3 -Assistance Listing Number Accounting Policies: a.The Schedule is prepared from the Universitys accounting records.b.The financial transactions are recorded by the University in accordance with the terms and conditions of the grants, which are consistent with accounting principles generally accepted in the United States of America.c.Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures may or may not be allowable or may be limited as to reimbursement. d.The University does not use the 10-percent de minims indirect cost rate, as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Assistance Listing Numbers (ALN) included in the Schedule are determined based on the program name, review of grant contract information and the public descriptions of federal assistance listings published by the U.S. Government on sam.gov.

Finding Details

Finding No. 2022-003 Internal Controls Over Expenditures of Federal Awards Federal Program ALN 93.556 Promoting Safe and Stable Families ALN 93.297 Adolescent Health Programs Name of Federal Agency U.S. Department of Health and Human Services Pass-through Entity The Families and Children Administration of the Department of Family of the Commonwealth of Puerto Rico Category Significant deficiency of internal controls over compliance Criteria As per the Code of Federal Regulations (CFR) ? 200.303 Internal controls, the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be 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). The University?s purchasing policy (as amended by Procedimiento de Autorizacion de Compra de Bienes y Servicios, normative letter No. 2021-04) is created with the purpose of establishing procedures governing the initiation, authorization, and review of all expenditures. To facilitate this process the accounting department developed a checklist that promotes the compliance with this policy. The normative letter No. 2021-04 establishes that the purchases of goods and services continue to be executed through the generation of purchase requisitions in the Webadvisor electronic platform, which also serves as reference to verify the availability of funds before the creation of the purchase requisition. Condition found During our audit procedures on the expenses of `?Promoting Safe and Stable Families - Family First Prevention Act Transition Grant? (Family First), we examined forty-three (43) transactions. We found that one purchase requisition was created after the expense was incurred. Cause This finding is for a transaction date that occurred before the corrective action plan implemented by the University to address this issue. The University, through Instituto de Tercera Mision (the Institute), gave a training to their staff to ensure that disbursements included all the required documentation. This training was given to all personnel involved in the purchasing process. In addition, the University hired consulting services from a public accounting firm to carry out an internal audit process, which included actions that were aimed to resolving this finding. Effect By not following the Institutional Purchasing Policy, the Institute is not complying with the CFR (CFR) ? 200.303 Internal controls. Not having the complete documentation at the time of recognition of an expenditure or when executing a payment may lead to inadequate recording, duplicity in recording or in payment, recording invalid transactions or unauthorized purchases. Also, the practice of creating the purchase requisition after the expense was incurred can lead to incurring in expenditures when funds are unavailable. Questioned cost N/A Context For the Family First program, we examined forty-three (43) transactions amounting to $760,673 out of a total population of one thousand one hundred twenty-three (1,123) items amounting to a total of $4,106,764. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2021-002. Recommendation Corrective actions implemented during the year ended June 30, 2022 proved to have an effect on this repeat finding. We recommend management of the University, to continue assuring that all disbursements include all the required documentation in accordance with the University?s policy prior to executing and paying the purchases. Override of the pre-established internal controls may lead to fraudulent purchases, misstatements on the financial statements and/or unallowable costs incurred by the federal program. Views of responsible officials and planned corrective actions The University?s management agrees with this finding. Please refer to the corrective action plan on pages 58-61.
Finding No. 2022-004 Allowable Costs/Cost Principles for Payroll Federal Program ALN 93.556 Promoting Safe and Stable Families Name of Federal Agency U.S. Department of Health and Human Services Pass-through Entity The Families and Children Administration of the Department of Family of the Commonwealth of Puerto Rico Category Significant deficiency of internal controls over compliance Criteria Section 200.405 of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) indicates that a cost is allocable to a particular federal award if the goods or services involved are chargeable or assignable to that federal award or cost objective in accordance with relative benefits received. This standard is met, among other things, if the cost charged is incurred specifically for the federal award. Also, under cost principles established by 2 CFR Section 200.430, charges to federal awards for salaries and wages must be based on records that accurately reflect the work performed. These records must be supported by a system of internal control which provides reasonable assurance that the charges are accurate, allowable and properly allocated and be incorporated into the official records of the non-Federal entity. Condition found For the period that covers October 1, 2021, to January 31, 2022, two employees approved time and attendance reports did not agree with what was reflected within the payroll system and therefore petitioned to the federal program. Time charged to the federal program was not based on actual hours. Cause Resignation of the personnel in charge of reconciling expenses to amounts charged to expense and billed to the program and a significant delay in replacing the personnel to continue the process of reconciliation on a timely basis. Effect The amount charged to the federal program and paid to the employees exceeded compensation contracted with the employees. If the compensation costs allocated to the grant cannot be supported in accordance with the Uniform Guidance, the granting agency could determine that these costs are not allowable. Such condition may cause the federal grantor to issue warnings and/or impose penalties to the University. Questioned cost Known questioned cost amounts to $1,934. Context As part of our compliance tests with allowable costs and cost principles, we selected forty-three (43) expense transactions of the Promoting Safe and Stable Families program amounting to $760,673, of which ten (10) items amounting to $51,998 were related to payroll paid under the program. Our test disclosed two (2) instances where the employee's hours worked on the program differed from the amount charged for the period examined. Amount petitioned to the program for the period under evaluation between the two employees amounted to $16,107. The actual amount per approved time sheets amounted to $14,173, leaving a difference of $1,934 between the two employees. The payroll population for the test amounted to $930,169. The projected difference amounts to $34,596 when known questioned costs of $1,934 (3.72% of the payroll sample) are projected to total payroll and benefits expended for the program. Identification of a repeat finding This is a repeat finding from the inmediate previous audit, finding no. 2021-007. Recommendation The University's program staff and management should ensure that the amounts charged to the federal award and disbursed to the employees are accurate and under the correct contract rates. Monthly reconciliation of all expenses, including of salaries charged to program versus actual hours incurred must be timely performed. Views of responsible officials and planned corrective actions The University?s management agrees with this finding. Please refer to the corrective action plan on pages 58-61.
Finding No. 2022-003 Internal Controls Over Expenditures of Federal Awards Federal Program ALN 93.556 Promoting Safe and Stable Families ALN 93.297 Adolescent Health Programs Name of Federal Agency U.S. Department of Health and Human Services Pass-through Entity The Families and Children Administration of the Department of Family of the Commonwealth of Puerto Rico Category Significant deficiency of internal controls over compliance Criteria As per the Code of Federal Regulations (CFR) ? 200.303 Internal controls, the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be 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). The University?s purchasing policy (as amended by Procedimiento de Autorizacion de Compra de Bienes y Servicios, normative letter No. 2021-04) is created with the purpose of establishing procedures governing the initiation, authorization, and review of all expenditures. To facilitate this process the accounting department developed a checklist that promotes the compliance with this policy. The normative letter No. 2021-04 establishes that the purchases of goods and services continue to be executed through the generation of purchase requisitions in the Webadvisor electronic platform, which also serves as reference to verify the availability of funds before the creation of the purchase requisition. Condition found During our audit procedures on the expenses of `?Promoting Safe and Stable Families - Family First Prevention Act Transition Grant? (Family First), we examined forty-three (43) transactions. We found that one purchase requisition was created after the expense was incurred. Cause This finding is for a transaction date that occurred before the corrective action plan implemented by the University to address this issue. The University, through Instituto de Tercera Mision (the Institute), gave a training to their staff to ensure that disbursements included all the required documentation. This training was given to all personnel involved in the purchasing process. In addition, the University hired consulting services from a public accounting firm to carry out an internal audit process, which included actions that were aimed to resolving this finding. Effect By not following the Institutional Purchasing Policy, the Institute is not complying with the CFR (CFR) ? 200.303 Internal controls. Not having the complete documentation at the time of recognition of an expenditure or when executing a payment may lead to inadequate recording, duplicity in recording or in payment, recording invalid transactions or unauthorized purchases. Also, the practice of creating the purchase requisition after the expense was incurred can lead to incurring in expenditures when funds are unavailable. Questioned cost N/A Context For the Family First program, we examined forty-three (43) transactions amounting to $760,673 out of a total population of one thousand one hundred twenty-three (1,123) items amounting to a total of $4,106,764. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2021-002. Recommendation Corrective actions implemented during the year ended June 30, 2022 proved to have an effect on this repeat finding. We recommend management of the University, to continue assuring that all disbursements include all the required documentation in accordance with the University?s policy prior to executing and paying the purchases. Override of the pre-established internal controls may lead to fraudulent purchases, misstatements on the financial statements and/or unallowable costs incurred by the federal program. Views of responsible officials and planned corrective actions The University?s management agrees with this finding. Please refer to the corrective action plan on pages 58-61.
Finding No. 2022-003 Internal Controls Over Expenditures of Federal Awards Federal Program ALN 93.556 Promoting Safe and Stable Families ALN 93.297 Adolescent Health Programs Name of Federal Agency U.S. Department of Health and Human Services Pass-through Entity The Families and Children Administration of the Department of Family of the Commonwealth of Puerto Rico Category Significant deficiency of internal controls over compliance Criteria As per the Code of Federal Regulations (CFR) ? 200.303 Internal controls, the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be 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). The University?s purchasing policy (as amended by Procedimiento de Autorizacion de Compra de Bienes y Servicios, normative letter No. 2021-04) is created with the purpose of establishing procedures governing the initiation, authorization, and review of all expenditures. To facilitate this process the accounting department developed a checklist that promotes the compliance with this policy. The normative letter No. 2021-04 establishes that the purchases of goods and services continue to be executed through the generation of purchase requisitions in the Webadvisor electronic platform, which also serves as reference to verify the availability of funds before the creation of the purchase requisition. Condition found During our audit procedures on the expenses of `?Promoting Safe and Stable Families - Family First Prevention Act Transition Grant? (Family First), we examined forty-three (43) transactions. We found that one purchase requisition was created after the expense was incurred. Cause This finding is for a transaction date that occurred before the corrective action plan implemented by the University to address this issue. The University, through Instituto de Tercera Mision (the Institute), gave a training to their staff to ensure that disbursements included all the required documentation. This training was given to all personnel involved in the purchasing process. In addition, the University hired consulting services from a public accounting firm to carry out an internal audit process, which included actions that were aimed to resolving this finding. Effect By not following the Institutional Purchasing Policy, the Institute is not complying with the CFR (CFR) ? 200.303 Internal controls. Not having the complete documentation at the time of recognition of an expenditure or when executing a payment may lead to inadequate recording, duplicity in recording or in payment, recording invalid transactions or unauthorized purchases. Also, the practice of creating the purchase requisition after the expense was incurred can lead to incurring in expenditures when funds are unavailable. Questioned cost N/A Context For the Family First program, we examined forty-three (43) transactions amounting to $760,673 out of a total population of one thousand one hundred twenty-three (1,123) items amounting to a total of $4,106,764. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2021-002. Recommendation Corrective actions implemented during the year ended June 30, 2022 proved to have an effect on this repeat finding. We recommend management of the University, to continue assuring that all disbursements include all the required documentation in accordance with the University?s policy prior to executing and paying the purchases. Override of the pre-established internal controls may lead to fraudulent purchases, misstatements on the financial statements and/or unallowable costs incurred by the federal program. Views of responsible officials and planned corrective actions The University?s management agrees with this finding. Please refer to the corrective action plan on pages 58-61.
Finding No. 2022-004 Allowable Costs/Cost Principles for Payroll Federal Program ALN 93.556 Promoting Safe and Stable Families Name of Federal Agency U.S. Department of Health and Human Services Pass-through Entity The Families and Children Administration of the Department of Family of the Commonwealth of Puerto Rico Category Significant deficiency of internal controls over compliance Criteria Section 200.405 of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) indicates that a cost is allocable to a particular federal award if the goods or services involved are chargeable or assignable to that federal award or cost objective in accordance with relative benefits received. This standard is met, among other things, if the cost charged is incurred specifically for the federal award. Also, under cost principles established by 2 CFR Section 200.430, charges to federal awards for salaries and wages must be based on records that accurately reflect the work performed. These records must be supported by a system of internal control which provides reasonable assurance that the charges are accurate, allowable and properly allocated and be incorporated into the official records of the non-Federal entity. Condition found For the period that covers October 1, 2021, to January 31, 2022, two employees approved time and attendance reports did not agree with what was reflected within the payroll system and therefore petitioned to the federal program. Time charged to the federal program was not based on actual hours. Cause Resignation of the personnel in charge of reconciling expenses to amounts charged to expense and billed to the program and a significant delay in replacing the personnel to continue the process of reconciliation on a timely basis. Effect The amount charged to the federal program and paid to the employees exceeded compensation contracted with the employees. If the compensation costs allocated to the grant cannot be supported in accordance with the Uniform Guidance, the granting agency could determine that these costs are not allowable. Such condition may cause the federal grantor to issue warnings and/or impose penalties to the University. Questioned cost Known questioned cost amounts to $1,934. Context As part of our compliance tests with allowable costs and cost principles, we selected forty-three (43) expense transactions of the Promoting Safe and Stable Families program amounting to $760,673, of which ten (10) items amounting to $51,998 were related to payroll paid under the program. Our test disclosed two (2) instances where the employee's hours worked on the program differed from the amount charged for the period examined. Amount petitioned to the program for the period under evaluation between the two employees amounted to $16,107. The actual amount per approved time sheets amounted to $14,173, leaving a difference of $1,934 between the two employees. The payroll population for the test amounted to $930,169. The projected difference amounts to $34,596 when known questioned costs of $1,934 (3.72% of the payroll sample) are projected to total payroll and benefits expended for the program. Identification of a repeat finding This is a repeat finding from the inmediate previous audit, finding no. 2021-007. Recommendation The University's program staff and management should ensure that the amounts charged to the federal award and disbursed to the employees are accurate and under the correct contract rates. Monthly reconciliation of all expenses, including of salaries charged to program versus actual hours incurred must be timely performed. Views of responsible officials and planned corrective actions The University?s management agrees with this finding. Please refer to the corrective action plan on pages 58-61.
Finding No. 2022-003 Internal Controls Over Expenditures of Federal Awards Federal Program ALN 93.556 Promoting Safe and Stable Families ALN 93.297 Adolescent Health Programs Name of Federal Agency U.S. Department of Health and Human Services Pass-through Entity The Families and Children Administration of the Department of Family of the Commonwealth of Puerto Rico Category Significant deficiency of internal controls over compliance Criteria As per the Code of Federal Regulations (CFR) ? 200.303 Internal controls, the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be 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). The University?s purchasing policy (as amended by Procedimiento de Autorizacion de Compra de Bienes y Servicios, normative letter No. 2021-04) is created with the purpose of establishing procedures governing the initiation, authorization, and review of all expenditures. To facilitate this process the accounting department developed a checklist that promotes the compliance with this policy. The normative letter No. 2021-04 establishes that the purchases of goods and services continue to be executed through the generation of purchase requisitions in the Webadvisor electronic platform, which also serves as reference to verify the availability of funds before the creation of the purchase requisition. Condition found During our audit procedures on the expenses of `?Promoting Safe and Stable Families - Family First Prevention Act Transition Grant? (Family First), we examined forty-three (43) transactions. We found that one purchase requisition was created after the expense was incurred. Cause This finding is for a transaction date that occurred before the corrective action plan implemented by the University to address this issue. The University, through Instituto de Tercera Mision (the Institute), gave a training to their staff to ensure that disbursements included all the required documentation. This training was given to all personnel involved in the purchasing process. In addition, the University hired consulting services from a public accounting firm to carry out an internal audit process, which included actions that were aimed to resolving this finding. Effect By not following the Institutional Purchasing Policy, the Institute is not complying with the CFR (CFR) ? 200.303 Internal controls. Not having the complete documentation at the time of recognition of an expenditure or when executing a payment may lead to inadequate recording, duplicity in recording or in payment, recording invalid transactions or unauthorized purchases. Also, the practice of creating the purchase requisition after the expense was incurred can lead to incurring in expenditures when funds are unavailable. Questioned cost N/A Context For the Family First program, we examined forty-three (43) transactions amounting to $760,673 out of a total population of one thousand one hundred twenty-three (1,123) items amounting to a total of $4,106,764. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2021-002. Recommendation Corrective actions implemented during the year ended June 30, 2022 proved to have an effect on this repeat finding. We recommend management of the University, to continue assuring that all disbursements include all the required documentation in accordance with the University?s policy prior to executing and paying the purchases. Override of the pre-established internal controls may lead to fraudulent purchases, misstatements on the financial statements and/or unallowable costs incurred by the federal program. Views of responsible officials and planned corrective actions The University?s management agrees with this finding. Please refer to the corrective action plan on pages 58-61.