Audit 51459

FY End
2022-10-31
Total Expended
$1.58M
Findings
20
Programs
5
Year: 2022 Accepted: 2023-07-30
Auditor: Joseph Serra CPA

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
50027 2022-001 Significant Deficiency - L
50028 2022-002 Significant Deficiency Yes L
50029 2022-001 Significant Deficiency - L
50030 2022-002 Significant Deficiency Yes L
50031 2022-001 Significant Deficiency - L
50032 2022-002 Significant Deficiency Yes L
50033 2022-001 Significant Deficiency - L
50034 2022-002 Significant Deficiency Yes L
50035 2022-001 Significant Deficiency - L
50036 2022-002 Significant Deficiency Yes L
626469 2022-001 Significant Deficiency - L
626470 2022-002 Significant Deficiency Yes L
626471 2022-001 Significant Deficiency - L
626472 2022-002 Significant Deficiency Yes L
626473 2022-001 Significant Deficiency - L
626474 2022-002 Significant Deficiency Yes L
626475 2022-001 Significant Deficiency - L
626476 2022-002 Significant Deficiency Yes L
626477 2022-001 Significant Deficiency - L
626478 2022-002 Significant Deficiency Yes L

Programs

ALN Program Spent Major Findings
93.569 Community Services Block Grant $642,510 Yes 2
93.569 Covid 19 Cares Act Csbg Cares Nd 2020 $441,742 Yes 2
93.568 Low Income Home Energy Assistance Program $333,144 - 2
93.568 Low Income Home Energy Assistance Arrears Program $108,206 - 2
93.569 Special Initiative $54,292 Yes 2

Contacts

Name Title Type
L662Q6DNTC15 Lana Stokes Auditee
9732792333 Joseph Serra Auditor
No contacts on file

Notes to SEFA

Accounting Policies: NOTE 1BASIS OF PRESENTATIONThe accompanying schedules of expenditures of Federal awards and State financial assistance (the Schedules) include the federal and state award activity of Paterson Task Force for Community Action, Inc. under programs of the federal and State of New Jersey governments for the year ended October 31, 2022. The information in these Schedules 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) and New Jersey Department of the Treasury Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid. Because the Schedules present only a selected portion of the operations of Paterson Task Force for Community Action, Inc., they are not intended to and do not present the financial position, changes in net assets, or cash flows of Paterson Task Force for Community Action, Inc.NOTE 2SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES(1)Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.(2)Pass-through entity identifying numbers are presented where available.NOTE 3 INDIRECT COST RATEPaterson Task Force for Community Action, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.
Condition: The Organization has policies and procedures to document transactions and the means to authorize and record these transactions. Examples would include vouchers which accompany each vendor expense invoice and employee time sheets. Key documentation typically requires multiple sign-offs including the performance of critical procedures, thus enhancing the system of internal controls. Criteria: The Organization?s system of controls requires documentation of the performance of critical procedures in the recording and recognition of expenditures. The procedures are to be documented on a voucher which is required to accompany and be attached to each authorized vendor invoice. Cause: Audit procedures tested a sample of expense vouchers. Approximately 17.5% of the expense vouchers tested omitted being marked as to posting in the accounting system.Effect: The lack of procedure documentation on vouchers supporting expense transactions mitigates the system of internal controls. Failure to document critical procedures may be perceived that the procedure was not performed. In the event that the procedure was indeed performed but not documented, the procedure, in this case posting of vendor expense invoices, may be duplicated, thus resulting in errors by overstating program expenses. It is noted that no actual duplication of recording vendor expense vouchers was observed.
Condition: The Organization incurs various expenses which are not a direct cost of a particular program, but rather are joint costs of multiple programs. This finding is a repeat of preceding finding 2021-002.Criteria: The Federal Register provides that such joint costs need to be prorated using a base which accurately measures the benefits provided to each award or activity. Cause: Audit procedures tested a sample of expense vouchers, including both direct and joint costs. Certain more material expenses were also tested. The majority of costs appear to be reasonably allocated. However, based on these tests, it was observed that certain joint costs may have been allocated in a manner mis-measuring benefits provided to each award or activity. Examples include insurance expense allocated between the Community Services Block Grant (CSBG), Low Income Home Energy Assistance Program (LIHEAP) and CARES programs with no insurance expense allocated to the Shelter program, approximately half of the audit cost allocated to the CSBG program, with no audit cost allocated to the CARES program, and approximately two-thirds of the net rent expense allocated to the CSBG program with no rent expense allocated to the Shelter program. Effect: Misallocations of joint costs will misalign costs on a program-by-program basis. The effect will be more pronounced on individual financial status reports for payment requests. The effect on the financial statements may be mitigated by a.) overstatement of certain costs on one program offset by understatement of those costs in other programs, and b.) program costs which may appear under-allocated are offset by costs embedded in other programs.