Audit 351164

FY End
2023-06-30
Total Expended
$1.03M
Findings
84
Programs
3
Year: 2023 Accepted: 2025-03-31

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
544525 2023-001 Significant Deficiency Yes P
544526 2023-002 Significant Deficiency Yes P
544527 2023-003 Significant Deficiency Yes B
544528 2023-004 Significant Deficiency - P
544529 2023-005 Significant Deficiency - P
544530 2023-006 Significant Deficiency - P
544531 2023-001 Significant Deficiency Yes P
544532 2023-002 Significant Deficiency Yes P
544533 2023-003 Significant Deficiency Yes B
544534 2023-004 Significant Deficiency - P
544535 2023-005 Significant Deficiency - P
544536 2023-006 Significant Deficiency - P
544537 2023-001 Significant Deficiency Yes P
544538 2023-002 Significant Deficiency Yes P
544539 2023-003 Significant Deficiency Yes B
544540 2023-004 Significant Deficiency - P
544541 2023-005 Significant Deficiency - P
544542 2023-006 Significant Deficiency - P
544543 2023-001 Significant Deficiency Yes P
544544 2023-002 Significant Deficiency Yes P
544545 2023-003 Significant Deficiency Yes B
544546 2023-004 Significant Deficiency - P
544547 2023-005 Significant Deficiency - P
544548 2023-006 Significant Deficiency - P
544549 2023-001 Significant Deficiency Yes P
544550 2023-002 Significant Deficiency Yes P
544551 2023-003 Significant Deficiency Yes B
544552 2023-004 Significant Deficiency - P
544553 2023-005 Significant Deficiency - P
544554 2023-006 Significant Deficiency - P
544555 2023-001 Significant Deficiency Yes P
544556 2023-002 Significant Deficiency Yes P
544557 2023-003 Significant Deficiency Yes B
544558 2023-004 Significant Deficiency - P
544559 2023-005 Significant Deficiency - P
544560 2023-006 Significant Deficiency - P
544561 2023-007 Significant Deficiency Yes B
544562 2023-007 Significant Deficiency Yes B
544563 2023-007 Significant Deficiency Yes B
544564 2023-007 Significant Deficiency Yes B
544565 2023-007 Significant Deficiency Yes B
544566 2023-007 Significant Deficiency Yes B
1120967 2023-001 Significant Deficiency Yes P
1120968 2023-002 Significant Deficiency Yes P
1120969 2023-003 Significant Deficiency Yes B
1120970 2023-004 Significant Deficiency - P
1120971 2023-005 Significant Deficiency - P
1120972 2023-006 Significant Deficiency - P
1120973 2023-001 Significant Deficiency Yes P
1120974 2023-002 Significant Deficiency Yes P
1120975 2023-003 Significant Deficiency Yes B
1120976 2023-004 Significant Deficiency - P
1120977 2023-005 Significant Deficiency - P
1120978 2023-006 Significant Deficiency - P
1120979 2023-001 Significant Deficiency Yes P
1120980 2023-002 Significant Deficiency Yes P
1120981 2023-003 Significant Deficiency Yes B
1120982 2023-004 Significant Deficiency - P
1120983 2023-005 Significant Deficiency - P
1120984 2023-006 Significant Deficiency - P
1120985 2023-001 Significant Deficiency Yes P
1120986 2023-002 Significant Deficiency Yes P
1120987 2023-003 Significant Deficiency Yes B
1120988 2023-004 Significant Deficiency - P
1120989 2023-005 Significant Deficiency - P
1120990 2023-006 Significant Deficiency - P
1120991 2023-001 Significant Deficiency Yes P
1120992 2023-002 Significant Deficiency Yes P
1120993 2023-003 Significant Deficiency Yes B
1120994 2023-004 Significant Deficiency - P
1120995 2023-005 Significant Deficiency - P
1120996 2023-006 Significant Deficiency - P
1120997 2023-001 Significant Deficiency Yes P
1120998 2023-002 Significant Deficiency Yes P
1120999 2023-003 Significant Deficiency Yes B
1121000 2023-004 Significant Deficiency - P
1121001 2023-005 Significant Deficiency - P
1121002 2023-006 Significant Deficiency - P
1121003 2023-007 Significant Deficiency Yes B
1121004 2023-007 Significant Deficiency Yes B
1121005 2023-007 Significant Deficiency Yes B
1121006 2023-007 Significant Deficiency Yes B
1121007 2023-007 Significant Deficiency Yes B
1121008 2023-007 Significant Deficiency Yes B

Contacts

Name Title Type
H31SX2HXXCV1 Carol Bradshaw Auditee
7062352798 Lee Jennings Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedule 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 are not allowable or are limited as to reimbursement. Coosa Valley Regional Services and Development Corporation has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate.

Finding Details

Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-001: Segregation of Duties Criteria: The assignment of responsibilities should be segregated so that one person is not responsible for the authorization and recording of a transaction and the custody of the related asset. There needs to be a reconciliation or control activity to provide reasonable assurance that transactions are handled appropriately. Condition: Key duties and functions are not segregated among Corporation personnel. This is especially a concern in the cash management, accounts receivable, accounts payable, and payroll functions. Effect: Transactions could be mishandled due to errors or fraud that could lead to loss of assets or the reporting of misleading financial information. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that duties be segregated as best as possible with the people available. The Board should oversee these areas as much as possible. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-002: Maintenance of the General Ledger Criteria: The Corporation is responsible for preparing annual financial statements in accordance with generally accepted accounting principles (GAAP). The records should be kept on an accrual basis to ensure accurate financial information is being reported to prevent critical financial decisions from being made on erroneous data. Condition: The Corporation currently maintains its general ledger on the cash basis throughout the year. Failure to record accruals of revenue and expenditures distorts the financial information that is provided to management and the Board. We further noted that several expenditures were not recorded in the proper accounts, and cash receipts are being recorded against expense accounts. Effect: Misleading financial information could be presented, which could lead to financial decisions being made on erroneous data. Cause: There are no procedures in place to ensure records are kept on an accrual basis. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Corporation implement a procedure in which records are kept on the cash basis throughout the year and accrual adjustments be made at year end. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2022-003: Documentation for expenditures Criteria: The Corporation is responsible for maintaining original documentation for all expenditures. Transactions for expenses should be evidenced by an invoice or other original documentation demonstrating the validity of the disbursement. Condition: The Corporation does not consistently maintain documentation for all expenditures, especially those expended with the Corporation’s credit card. Effect: Activities or costs that are not allowed or allowable could potentially be paid, as well as errors or intentional fraud could occur and not be detected timely by management in the normal course of their responsibilities. Cause: There are no procedures in place to ensure that original source documents are obtained prior to payment. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that appropriate documentation is kept for all disbursements, and that credit card receipts are obtained for each purchase and kept with the appropriate statement. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 30 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-001: Treasurer’s Review of Reconciliations Criteria: Management and the Board of Directors are responsible for the preparation of the basic financial statements and all accompanying information as well as representations contained therein, and the fair presentation in conformity with U.S. generally accepted accounting principles. This requires management and the Board of Directors to perform month-end closing procedures to reconcile all accounts held by the Corporation. Condition: The Treasurer of the Corporation and Management do not review reconciliations of bank accounts held by the Corporation, nor do they review bank statements. Reconciliations of the Corporation’s bank accounts are performed outside of the accounting software used by the Corporation. Effect: Lack of proper review and approval of reconciliation reports and bank statements could result in errors or failure to identify misappropriation of assets on a timely basis. Reconciling bank accounts outside of the accounting software could result in failure to identify errors and misappropriation of assets on a timely basis. Cause: There are a limited number of personnel for certain functions and lack of board oversight. Identification of a repeat finding: No. Recommendation: We recommend that the Treasurer or Management review all bank account statements and reconciliations on a monthly basis. We further recommend that all reconciliations are completed within the accounting software for the Corporation. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-002: Checks to Cash Criteria: Management of the Corporation is responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted a check written to “cash” for bonuses. The Fiscal Officer took the check to the bank and received cash, then returned to the office to allocate to employees. The Fiscal Officer did not maintain a record of how the funds were allocated and employees were not required to sign for cash. Effect: Checks written to cash can be cashed by anyone with possession of the check. This creates a difficult paper trail as well as the associated risk of loss from misplacing the check. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that checks are not written to cash. All checks written by the Corporation should contain a payee. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster CFDA’s: 93.044, 93.045, and 93.053 2023-003: Bonus Payments Criteria: Management and the Board of Directors of the Corporation are responsible for establishing and maintaining a system of internal controls over financial reporting and implementing policies and procedures for financials, as well as implementing adequate segregation of duties. Condition: During our audit, we noted the employees received cash bonuses, which were not processed as payroll transactions with associated withholding taxes and liabilities. Effect: Payments to employees that are not recorded and reported to the Internal Revenue Service could result in penalties and fines for the Corporation as well as penalties and fines to the employees individually. Cause: Internal controls were not properly designed or implemented. Identification of a repeat finding: No. Recommendation: We recommend that all payments to employees and contractors be recorded and reported to the Internal Revenue Service to ensure that the Corporation does not incur future penalties and fines. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 31 in this audit report
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.
Department of Health and Human Services, Special Programs for the Aging – Title III, Aging Cluster Assistance Listing Number(s): 93.044, 93.045, and 93.053 2022-004: Telecommunication Expenditures Criteria: In accordance with 2 CFR Part 200, Subpart E (Cost Principles), expenditures relating to telecommunication costs and video surveillance costs are unallowable for nonprofit organizations. Condition: Of the 60 transactions examined, 16 expenditures were for telecommunication costs. Effect: The Corporation did not adhere to 2 CFR Part 200, Subpart E (Cost Principles) and unallowable expenditures were made with grant funds. Cause: The Executive Director and Fiscal Officer were not aware that 2 CFR Part 200, Subpart E (Cost Principles) had been updated to include telecommunication costs as an unallowable expenditure. This update was effective for the 2021 Compliance Supplement, which was in effect for audits of fiscal years beginning after June 30, 2020. The Corporation was awarded the grant contract from Northwest Georgia Regional Commission with an approved budget period from 2021 – 2024. Identification of a repeat finding: This is a repeat finding from the immediate previous audit. Recommendation: We recommend that the Executive Director and Fiscal Officer review 2 CFR Part 200, Subpart E (Cost Principles) annually for various cost items to ensure that expenditures are allowable. Views of responsible officials and planned corrective actions: The Corporation agrees with this finding and will adhere to the corrective action plan on page 32 in this audit report.