Audit 356736

FY End
2024-09-30
Total Expended
$2.12M
Findings
42
Programs
13
Year: 2024 Accepted: 2025-05-20

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
561134 2024-001 Significant Deficiency - AB
561135 2024-002 Significant Deficiency - AB
561136 2024-003 Significant Deficiency - AB
561137 2024-001 Significant Deficiency - AB
561138 2024-002 Significant Deficiency - AB
561139 2024-003 Significant Deficiency - AB
561140 2024-001 Significant Deficiency - AB
561141 2024-002 Significant Deficiency - AB
561142 2024-003 Significant Deficiency - AB
561143 2024-001 Significant Deficiency - AB
561144 2024-002 Significant Deficiency - AB
561145 2024-003 Significant Deficiency - AB
561146 2024-001 Significant Deficiency - AB
561147 2024-002 Significant Deficiency - AB
561148 2024-003 Significant Deficiency - AB
561149 2024-001 Significant Deficiency - AB
561150 2024-002 Significant Deficiency - AB
561151 2024-003 Significant Deficiency - AB
561152 2024-001 Significant Deficiency - AB
561153 2024-002 Significant Deficiency - AB
561154 2024-003 Significant Deficiency - AB
1137576 2024-001 Significant Deficiency - AB
1137577 2024-002 Significant Deficiency - AB
1137578 2024-003 Significant Deficiency - AB
1137579 2024-001 Significant Deficiency - AB
1137580 2024-002 Significant Deficiency - AB
1137581 2024-003 Significant Deficiency - AB
1137582 2024-001 Significant Deficiency - AB
1137583 2024-002 Significant Deficiency - AB
1137584 2024-003 Significant Deficiency - AB
1137585 2024-001 Significant Deficiency - AB
1137586 2024-002 Significant Deficiency - AB
1137587 2024-003 Significant Deficiency - AB
1137588 2024-001 Significant Deficiency - AB
1137589 2024-002 Significant Deficiency - AB
1137590 2024-003 Significant Deficiency - AB
1137591 2024-001 Significant Deficiency - AB
1137592 2024-002 Significant Deficiency - AB
1137593 2024-003 Significant Deficiency - AB
1137594 2024-001 Significant Deficiency - AB
1137595 2024-002 Significant Deficiency - AB
1137596 2024-003 Significant Deficiency - AB

Contacts

Name Title Type
T2L8LLW5L9R6 Susan Dana Auditee
8028852655 Connie Fellion Auditor
No contacts on file

Notes to SEFA

Title: General Accounting Policies: 1. General The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all federal financial assistance programs of the Council on Aging for Southeastern Vermont, Inc d/b/a Senior Solutions (the “Organization”). 2. Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting, as indicated in Note 1 to the Organization's financial statements. It includes the federal grant activity of the Council on Aging for Southeastern Vermont, Inc. under programs of the federal government for the year ended September 30, 2023. The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the Council on Aging for Southeastern Vermont, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Council on Aging for Southeastern Vermont, Inc. 3. Allowable and Unallowable Costs The Organization follows 2 CFR Part 200, Cost Principles for Non-Profit Organizations, which was issued to provide that federal assistance programs provided to nonprofit organizations bear their fair share of costs by defining costs that are allowable and unallowable for that assistance. (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR Part 200, Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. (2) Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the ten percent (10%) de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all federal financial assistance programs of the Council on Aging for Southeastern Vermont, Inc d/b/a Senior Solutions (the “Organization”).
Title: Basis of Presentation Accounting Policies: 1. General The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all federal financial assistance programs of the Council on Aging for Southeastern Vermont, Inc d/b/a Senior Solutions (the “Organization”). 2. Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting, as indicated in Note 1 to the Organization's financial statements. It includes the federal grant activity of the Council on Aging for Southeastern Vermont, Inc. under programs of the federal government for the year ended September 30, 2023. The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the Council on Aging for Southeastern Vermont, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Council on Aging for Southeastern Vermont, Inc. 3. Allowable and Unallowable Costs The Organization follows 2 CFR Part 200, Cost Principles for Non-Profit Organizations, which was issued to provide that federal assistance programs provided to nonprofit organizations bear their fair share of costs by defining costs that are allowable and unallowable for that assistance. (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR Part 200, Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. (2) Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the ten percent (10%) de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting, as indicated in Note 1 to the Organization's financial statements. It includes the federal grant activity of the Council on Aging for Southeastern Vermont, Inc. under programs of the federal government for the year ended September 30, 2024. The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the Council on Aging for Southeastern Vermont, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Council on Aging for Southeastern Vermont, Inc.
Title: Allowable and Unallowable Costs Accounting Policies: 1. General The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all federal financial assistance programs of the Council on Aging for Southeastern Vermont, Inc d/b/a Senior Solutions (the “Organization”). 2. Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting, as indicated in Note 1 to the Organization's financial statements. It includes the federal grant activity of the Council on Aging for Southeastern Vermont, Inc. under programs of the federal government for the year ended September 30, 2023. The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the Council on Aging for Southeastern Vermont, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Council on Aging for Southeastern Vermont, Inc. 3. Allowable and Unallowable Costs The Organization follows 2 CFR Part 200, Cost Principles for Non-Profit Organizations, which was issued to provide that federal assistance programs provided to nonprofit organizations bear their fair share of costs by defining costs that are allowable and unallowable for that assistance. (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR Part 200, Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. (2) Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the ten percent (10%) de minimis indirect cost rate as allowed under the Uniform Guidance. The Organization follows 2 CFR Part 200, Cost Principles for Non-Profit Organizations, which was issued to provide that federal assistance programs provided to nonprofit organizations bear their fair share of costs by defining costs that are allowable and unallowable for that assistance. (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR Part 200, Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. (2) Pass-through entity identifying numbers are presented where available.

Finding Details

Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-001 Criteria A fundamental concept of a strong payroll control environment is the proper approval and retention of employee wage rates and contracts. Documentation should be retained for all pay rate changes noting the date of change and the approval for the change. Conditions Found During our audit, we noted two employees who lacked appropriate pay rate support for their wage rates in effect for the year ended September 30, 2024. Cause The Organization is not adhering to their review and approval process and retention of pay rate support. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established review and approval process over pay rate support and proper retention of such information. Views of Responsible Officials Management agrees with this recommendation and will implement an annual review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-002 Criteria The Organization has established the control requiring all expenditures above $2,000 requiring dual signature. Conditions Found During our audit, we noted one check which lacked the required dual signature. Cause The Organization is not adhering to their established controls around expenditures. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend the Organization adhere to their established control around dual signatures for all disbursements above their stated threshold. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.
Finding No.: 2024-003 Criteria In order for an Organization’s system of internal controls to function properly, it is essential that there be clear definitions of job responsibilities. Assignment of responsibilities should include the appropriate segregation of duties in order to ensure proper control. Also, personnel within the Organization should be cross-trained to ensure that in the event an employee leaves the Organization, there would be another employee prepared to take on the responsibilities. Such responsibilities should be formally documented in a policies and procedures manual. Conditions Found During audit procedures, it was noted that the Organization had trouble producing internal control procedure documents that had been updated for the period under audit. The Organization also relies heavily on a third party to produce quarterly and annual reporting. Cause The Organization lacks updated and proper documentation around policies and procedures and lacks formal review of third party information. Effect The SEFA and financial statements could be inaccurately presented. Recommendation We recommend a document be maintained and regularly updated to reflect the current procedures, policies, roles and responsibilities in place. In addition, there should be formal documented review and approval by someone in the Organization of the work produced by the third party to ensure any errors or omissions in financial information are caught. Views of Responsible Officials Management agrees with this recommendation and will implement a review and approval process effective for the fiscal 2025 reporting period.