Audit 46940

FY End
2022-06-30
Total Expended
$3.88M
Findings
24
Programs
15
Organization: Catholic Charities, Inc. (MS)
Year: 2022 Accepted: 2023-09-26

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
48219 2022-001 Significant Deficiency Yes P
48220 2022-002 Significant Deficiency Yes P
48221 2022-003 Significant Deficiency Yes P
48222 2022-004 Significant Deficiency - P
48223 2022-001 Significant Deficiency Yes P
48224 2022-002 Significant Deficiency Yes P
48225 2022-003 Significant Deficiency Yes P
48226 2022-004 Significant Deficiency - P
48227 2022-001 Significant Deficiency Yes P
48228 2022-002 Significant Deficiency Yes P
48229 2022-003 Significant Deficiency Yes P
48230 2022-004 Significant Deficiency - P
624661 2022-001 Significant Deficiency Yes P
624662 2022-002 Significant Deficiency Yes P
624663 2022-003 Significant Deficiency Yes P
624664 2022-004 Significant Deficiency - P
624665 2022-001 Significant Deficiency Yes P
624666 2022-002 Significant Deficiency Yes P
624667 2022-003 Significant Deficiency Yes P
624668 2022-004 Significant Deficiency - P
624669 2022-001 Significant Deficiency Yes P
624670 2022-002 Significant Deficiency Yes P
624671 2022-003 Significant Deficiency Yes P
624672 2022-004 Significant Deficiency - P

Contacts

Name Title Type
NB3VXUSHLNB3 Wanda Thomas Auditee
6013263724 Bill Felder Auditor
No contacts on file

Notes to SEFA

Accounting Policies: NOTE A ? BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards ("the Schedule") includes the federal grant activity of the Organization 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 Organization it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.NOTE B ? SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Accounting 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 available or are limited as to reimbursement. Pass-through Entity Identifying Numbers Pass-through entity identifying numbers are presented when available. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

2022-1 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over compliance. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to be knowledgeable about the grant terms and review for compliance with such terms. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording, matching and monitoring of federal grant revenues and expenditures. Additionally, the processes and internal controls were not wholly sufficient to ensure the accurate reporting of the schedule of expenditures of federal awards. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. In addition, this increases the risk of inaccurate reporting to federal government granting agencies. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-2 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording of temporarily restricted net assets. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-3 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate identifying, matching and monitoring of federal grant receivables and subsequent receipts. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-4 Criteria or Specific Requirement - The Uniform Guidance Section .320 requires the Organization to submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end, unless the Organization's federal oversight agency approves an extension of this deadline. Condition and Context - Audit reports were not filed in a timely manner with the Federal Audit Clearinghouse ("FAC"). Effect - The late submission affects all federal programs the Organization administers. However, this finding does not result in a control deficiency in internal controls over compliance or noncompliance for the individual federal programs, as this was not caused by the programs' administration. Cause - The late completion of the Organization's audit contributed to the late submission of its Single Audit Reporting Package. Recommendation - The Organization should improve its financial reporting process so that it can submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services. In addition, management will schedule its external audit within a timeframe that ensures its completion before the Single Audit reporting deadline.
2022-1 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over compliance. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to be knowledgeable about the grant terms and review for compliance with such terms. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording, matching and monitoring of federal grant revenues and expenditures. Additionally, the processes and internal controls were not wholly sufficient to ensure the accurate reporting of the schedule of expenditures of federal awards. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. In addition, this increases the risk of inaccurate reporting to federal government granting agencies. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-2 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording of temporarily restricted net assets. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-3 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate identifying, matching and monitoring of federal grant receivables and subsequent receipts. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-4 Criteria or Specific Requirement - The Uniform Guidance Section .320 requires the Organization to submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end, unless the Organization's federal oversight agency approves an extension of this deadline. Condition and Context - Audit reports were not filed in a timely manner with the Federal Audit Clearinghouse ("FAC"). Effect - The late submission affects all federal programs the Organization administers. However, this finding does not result in a control deficiency in internal controls over compliance or noncompliance for the individual federal programs, as this was not caused by the programs' administration. Cause - The late completion of the Organization's audit contributed to the late submission of its Single Audit Reporting Package. Recommendation - The Organization should improve its financial reporting process so that it can submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services. In addition, management will schedule its external audit within a timeframe that ensures its completion before the Single Audit reporting deadline.
2022-1 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over compliance. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to be knowledgeable about the grant terms and review for compliance with such terms. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording, matching and monitoring of federal grant revenues and expenditures. Additionally, the processes and internal controls were not wholly sufficient to ensure the accurate reporting of the schedule of expenditures of federal awards. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. In addition, this increases the risk of inaccurate reporting to federal government granting agencies. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-2 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording of temporarily restricted net assets. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-3 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate identifying, matching and monitoring of federal grant receivables and subsequent receipts. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-4 Criteria or Specific Requirement - The Uniform Guidance Section .320 requires the Organization to submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end, unless the Organization's federal oversight agency approves an extension of this deadline. Condition and Context - Audit reports were not filed in a timely manner with the Federal Audit Clearinghouse ("FAC"). Effect - The late submission affects all federal programs the Organization administers. However, this finding does not result in a control deficiency in internal controls over compliance or noncompliance for the individual federal programs, as this was not caused by the programs' administration. Cause - The late completion of the Organization's audit contributed to the late submission of its Single Audit Reporting Package. Recommendation - The Organization should improve its financial reporting process so that it can submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services. In addition, management will schedule its external audit within a timeframe that ensures its completion before the Single Audit reporting deadline.
2022-1 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over compliance. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to be knowledgeable about the grant terms and review for compliance with such terms. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording, matching and monitoring of federal grant revenues and expenditures. Additionally, the processes and internal controls were not wholly sufficient to ensure the accurate reporting of the schedule of expenditures of federal awards. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. In addition, this increases the risk of inaccurate reporting to federal government granting agencies. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-2 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording of temporarily restricted net assets. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-3 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate identifying, matching and monitoring of federal grant receivables and subsequent receipts. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-4 Criteria or Specific Requirement - The Uniform Guidance Section .320 requires the Organization to submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end, unless the Organization's federal oversight agency approves an extension of this deadline. Condition and Context - Audit reports were not filed in a timely manner with the Federal Audit Clearinghouse ("FAC"). Effect - The late submission affects all federal programs the Organization administers. However, this finding does not result in a control deficiency in internal controls over compliance or noncompliance for the individual federal programs, as this was not caused by the programs' administration. Cause - The late completion of the Organization's audit contributed to the late submission of its Single Audit Reporting Package. Recommendation - The Organization should improve its financial reporting process so that it can submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services. In addition, management will schedule its external audit within a timeframe that ensures its completion before the Single Audit reporting deadline.
2022-1 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over compliance. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to be knowledgeable about the grant terms and review for compliance with such terms. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording, matching and monitoring of federal grant revenues and expenditures. Additionally, the processes and internal controls were not wholly sufficient to ensure the accurate reporting of the schedule of expenditures of federal awards. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. In addition, this increases the risk of inaccurate reporting to federal government granting agencies. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-2 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording of temporarily restricted net assets. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-3 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate identifying, matching and monitoring of federal grant receivables and subsequent receipts. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-4 Criteria or Specific Requirement - The Uniform Guidance Section .320 requires the Organization to submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end, unless the Organization's federal oversight agency approves an extension of this deadline. Condition and Context - Audit reports were not filed in a timely manner with the Federal Audit Clearinghouse ("FAC"). Effect - The late submission affects all federal programs the Organization administers. However, this finding does not result in a control deficiency in internal controls over compliance or noncompliance for the individual federal programs, as this was not caused by the programs' administration. Cause - The late completion of the Organization's audit contributed to the late submission of its Single Audit Reporting Package. Recommendation - The Organization should improve its financial reporting process so that it can submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services. In addition, management will schedule its external audit within a timeframe that ensures its completion before the Single Audit reporting deadline.
2022-1 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over compliance. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to be knowledgeable about the grant terms and review for compliance with such terms. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording, matching and monitoring of federal grant revenues and expenditures. Additionally, the processes and internal controls were not wholly sufficient to ensure the accurate reporting of the schedule of expenditures of federal awards. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. In addition, this increases the risk of inaccurate reporting to federal government granting agencies. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-2 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate recording of temporarily restricted net assets. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-3 Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Management is responsible for establishing and maintaining processes and internal control over financial reporting. Processes and internal control should allow management or employees, in the normal course of performing their assigned functions to prevent or detect misstatements. Condition and Context - While progress has been made, certain processes and internal controls were not wholly sufficient to ensure the accurate identifying, matching and monitoring of federal grant receivables and subsequent receipts. Effect - The lack of sufficient processes and internal controls puts the Organization at risk for misstatement due to error or fraud. Cause - Lack of experienced and knowledgeable staff to implement sufficient internal control. Recommendation - The Organization should consider hiring more experienced and knowledgeable accounting staff. We believe that due to the size and complexity of the Organization, more experienced and knowledgeable staff is warranted. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services.
2022-4 Criteria or Specific Requirement - The Uniform Guidance Section .320 requires the Organization to submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end, unless the Organization's federal oversight agency approves an extension of this deadline. Condition and Context - Audit reports were not filed in a timely manner with the Federal Audit Clearinghouse ("FAC"). Effect - The late submission affects all federal programs the Organization administers. However, this finding does not result in a control deficiency in internal controls over compliance or noncompliance for the individual federal programs, as this was not caused by the programs' administration. Cause - The late completion of the Organization's audit contributed to the late submission of its Single Audit Reporting Package. Recommendation - The Organization should improve its financial reporting process so that it can submit its Single Audit Reporting Package to the federal clearinghouse no later than nine months after fiscal year-end. Views of Responsible Officials and Planned Corrective Action - Management agrees with the finding and has engaged an external consultant to perform bookkeeping and financial reporting services. In addition, management will schedule its external audit within a timeframe that ensures its completion before the Single Audit reporting deadline.