FAC Explorer

Audit 39493

FY End
2022-06-30
Total Expended
$2.88M
Findings
2
Programs
10
Organization: Assabet Valley Regional Technical High School (MA)
Year: 2022 Accepted: 2023-05-23
Auditor: Robert E Brown II Cpa's

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
42508 2022-001 Significant Deficiency Yes B
618950 2022-001 Significant Deficiency Yes B

Programs

ALN Program Spent Major Findings
10.553 School Breakfast Program $190,944 Yes 0
84.425 Education Stabilization Fund $156,903 Yes 1
84.010 Title I Grants to Local Educational Agencies $152,744 - 0
84.268 Federal Direct Student Loans $99,518 - 0
84.027 Special Education_grants to States $64,526 - 0
84.063 Federal Pell Grant Program $57,658 - 0
10.555 National School Lunch Program $54,221 Yes 0
84.367 Improving Teacher Quality State Grants $28,610 - 0
84.424 Student Support and Academic Enrichment Program $9,883 - 0
84.048 Career and Technical Education -- Basic Grants to States $5,116 - 0

Contacts

Name Title Type
ULQKD3R9E338 Maria Silva Auditee
5082639604 Robert E. Brown II CPA Auditor
No contacts on file

Notes to SEFA

Accounting Policies: I.BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the Assabet Valley Regional Technical High School under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Assabet Valley Regional Technical High School, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Assabet Valley Regional Technical High School. II. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of Expenditures of Federal Awards is presented on the modified accrual basis of accounting. Accordingly expenditures are recognized when the liability is incurred. 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. III. IN DIRECT COST RATE The Assabet Valley Regional Technical High School has elected not to use the 10-percent de minimis indirect cost rate as allowed under Uniform Guidance. IV. SCHOOL LUNCH PROGRAM The School accounts for local, state and federal expenditures of the National School Lunch and School Breakfast programs in one combined fund. Program expenditures in the accompanying Schedule of Expenditures of Federal Awards represent federal reimbursements for meals provided during fiscal 2022. Contributions of noncash assistance commodities under the Food Distribution program are received under a State distribution formula and are valued at federally published wholesale prices for purposes of this schedule. V. SUBRECIPIENTS The Assabet Valley Regional Technical High School passed no federal awards through to sub-recipients during the period under audit. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
Department of Education Significant Deficiency in Internal Control over Compliance of the Major Program Finding 2022-001 ? Education Stabilization Fund ? 84.425D & 84.425U Condition: During our test of controls over compliance it was noted that a journal entry posted to the major program moved expenditures that were not included as part of the original application. Criteria: Costs charged to the major program should meet the requirements as set forth by Uniform Guidance 2 CFR Part 200, subpart E (Cost Principles). Context: During our review of journal entries posted to the major program it was noted that one of the journal entries was to allocate guidance counselors payroll for an unspecified time period to the Instructional/Proff Staff expense line of the major program. Effect: Assabet Valley RTHS was not in compliance with the allowable costs/ cost principals requirement as set forth by the Uniform Guidance 2 CFR Part 200, subpart E (Cost Principles). Questioned Costs: Questioned costs of $5,252.88 Cause: Grant should have been amended Identification as a Repeat Finding: 2021-002 Recommendation: We recommend the Assabet Valley RTHS follow procedures to ensure that expenditures charged to the grants are allowable costs as set forth by Uniform Guidance 2 CFR Part 200, subpart E (Cost Principles) Managements Response: The District agrees with the recommendation and will work on setting up more controls.
Finding 2022-001
Department of Education Significant Deficiency in Internal Control over Compliance of the Major Program Finding 2022-001 ? Education Stabilization Fund ? 84.425D & 84.425U Condition: During our test of controls over compliance it was noted that a journal entry posted to the major program moved expenditures that were not included as part of the original application. Criteria: Costs charged to the major program should meet the requirements as set forth by Uniform Guidance 2 CFR Part 200, subpart E (Cost Principles). Context: During our review of journal entries posted to the major program it was noted that one of the journal entries was to allocate guidance counselors payroll for an unspecified time period to the Instructional/Proff Staff expense line of the major program. Effect: Assabet Valley RTHS was not in compliance with the allowable costs/ cost principals requirement as set forth by the Uniform Guidance 2 CFR Part 200, subpart E (Cost Principles). Questioned Costs: Questioned costs of $5,252.88 Cause: Grant should have been amended Identification as a Repeat Finding: 2021-002 Recommendation: We recommend the Assabet Valley RTHS follow procedures to ensure that expenditures charged to the grants are allowable costs as set forth by Uniform Guidance 2 CFR Part 200, subpart E (Cost Principles) Managements Response: The District agrees with the recommendation and will work on setting up more controls.