FAC Explorer

Audit 7889

FY End
2023-06-30
Total Expended
$1.74M
Findings
6
Programs
6
Organization: Ascent Academies of Utah (UT)
Year: 2023 Accepted: 2023-12-20
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
6001 2023-001 Significant Deficiency - L
6002 2023-001 Significant Deficiency - L
6003 2023-001 Significant Deficiency - L
582443 2023-001 Significant Deficiency - L
582444 2023-001 Significant Deficiency - L
582445 2023-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $462,316 Yes 1
84.010 Title I Grants to Local Educational Agencies $299,970 - 0
84.367 Improving Teacher Quality State Grants $73,610 - 0
10.555 National School Lunch Program $32,487 - 0
84.424 Student Support and Academic Enrichment Program $31,000 - 0
84.027 Special Education_grants to States $11,500 - 0

Contacts

Name Title Type
Q75TFJRMSEB1 Wade Glathar Auditee
8019394414 Paul Skeen Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported in the schedule are reported on the modified 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis cost rate. The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of the Ascent Academies of Utah (the School) under programs of the federal government for the year ended June 30, 2023. The information 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 Ascent Academies of Utah, it is not intended to and does not present the financial position, changes in net position, or changes in fund balance of Ascent Academies of Utah.
Title: Summary of Significant Accounting Policies Accounting Policies: Expenditures reported in the schedule are reported on the modified 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis cost rate. Expenditures reported in the schedule are reported on the modified 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. No federal financial assistance has been provided to a subrecipient.
Title: Indirect Cost Rate Accounting Policies: Expenditures reported in the schedule are reported on the modified 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis cost rate. The School has elected not to use the 10% de minimis cost rate.

Finding Details

Finding 2023-001
U.S. Department of Education, Utah State Office of Education, Federal Financial Assistance Listing 84.425C, 84.425D and 84.425U, S425C210031, S425D210032, S425U210032 Reporting Significant Deficiency in Internal Control over Compliance and Compliance Criteria: Ascent Academies of Utah should have policies and procedures in place to ensure that the required annual performance report is prepared accurately before submission to the State. Condition: In connection with the audit procedures performed, it was noted that Ascent Academies of Utah reported incorrect amounts of ESSER II expenditures. Cause: Ascent Academies of Utah did not properly review their records to determine the correct amount of ESSER II expenditures were reported correctly on the annual performance report. Effect: Ascent Academies of Utah is not in compliance with 84.425 Education Stabilization Funds reporting requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required annual performance report did not report program expenditures correctly. Repeat Finding from Prior Year: No Recommendation: Ascent Academies of Utah should contact the State of Utah and report the correct ESSER II expenditures. Views of Responsible Officials: Management agrees with this finding and notes that the State of Utah has been contacted and the error already corrected.
Finding 2023-001
U.S. Department of Education, Utah State Office of Education, Federal Financial Assistance Listing 84.425C, 84.425D and 84.425U, S425C210031, S425D210032, S425U210032 Reporting Significant Deficiency in Internal Control over Compliance and Compliance Criteria: Ascent Academies of Utah should have policies and procedures in place to ensure that the required annual performance report is prepared accurately before submission to the State. Condition: In connection with the audit procedures performed, it was noted that Ascent Academies of Utah reported incorrect amounts of ESSER II expenditures. Cause: Ascent Academies of Utah did not properly review their records to determine the correct amount of ESSER II expenditures were reported correctly on the annual performance report. Effect: Ascent Academies of Utah is not in compliance with 84.425 Education Stabilization Funds reporting requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required annual performance report did not report program expenditures correctly. Repeat Finding from Prior Year: No Recommendation: Ascent Academies of Utah should contact the State of Utah and report the correct ESSER II expenditures. Views of Responsible Officials: Management agrees with this finding and notes that the State of Utah has been contacted and the error already corrected.
Finding 2023-001
U.S. Department of Education, Utah State Office of Education, Federal Financial Assistance Listing 84.425C, 84.425D and 84.425U, S425C210031, S425D210032, S425U210032 Reporting Significant Deficiency in Internal Control over Compliance and Compliance Criteria: Ascent Academies of Utah should have policies and procedures in place to ensure that the required annual performance report is prepared accurately before submission to the State. Condition: In connection with the audit procedures performed, it was noted that Ascent Academies of Utah reported incorrect amounts of ESSER II expenditures. Cause: Ascent Academies of Utah did not properly review their records to determine the correct amount of ESSER II expenditures were reported correctly on the annual performance report. Effect: Ascent Academies of Utah is not in compliance with 84.425 Education Stabilization Funds reporting requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required annual performance report did not report program expenditures correctly. Repeat Finding from Prior Year: No Recommendation: Ascent Academies of Utah should contact the State of Utah and report the correct ESSER II expenditures. Views of Responsible Officials: Management agrees with this finding and notes that the State of Utah has been contacted and the error already corrected.
Finding 2023-001
U.S. Department of Education, Utah State Office of Education, Federal Financial Assistance Listing 84.425C, 84.425D and 84.425U, S425C210031, S425D210032, S425U210032 Reporting Significant Deficiency in Internal Control over Compliance and Compliance Criteria: Ascent Academies of Utah should have policies and procedures in place to ensure that the required annual performance report is prepared accurately before submission to the State. Condition: In connection with the audit procedures performed, it was noted that Ascent Academies of Utah reported incorrect amounts of ESSER II expenditures. Cause: Ascent Academies of Utah did not properly review their records to determine the correct amount of ESSER II expenditures were reported correctly on the annual performance report. Effect: Ascent Academies of Utah is not in compliance with 84.425 Education Stabilization Funds reporting requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required annual performance report did not report program expenditures correctly. Repeat Finding from Prior Year: No Recommendation: Ascent Academies of Utah should contact the State of Utah and report the correct ESSER II expenditures. Views of Responsible Officials: Management agrees with this finding and notes that the State of Utah has been contacted and the error already corrected.
Finding 2023-001
U.S. Department of Education, Utah State Office of Education, Federal Financial Assistance Listing 84.425C, 84.425D and 84.425U, S425C210031, S425D210032, S425U210032 Reporting Significant Deficiency in Internal Control over Compliance and Compliance Criteria: Ascent Academies of Utah should have policies and procedures in place to ensure that the required annual performance report is prepared accurately before submission to the State. Condition: In connection with the audit procedures performed, it was noted that Ascent Academies of Utah reported incorrect amounts of ESSER II expenditures. Cause: Ascent Academies of Utah did not properly review their records to determine the correct amount of ESSER II expenditures were reported correctly on the annual performance report. Effect: Ascent Academies of Utah is not in compliance with 84.425 Education Stabilization Funds reporting requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required annual performance report did not report program expenditures correctly. Repeat Finding from Prior Year: No Recommendation: Ascent Academies of Utah should contact the State of Utah and report the correct ESSER II expenditures. Views of Responsible Officials: Management agrees with this finding and notes that the State of Utah has been contacted and the error already corrected.
Finding 2023-001
U.S. Department of Education, Utah State Office of Education, Federal Financial Assistance Listing 84.425C, 84.425D and 84.425U, S425C210031, S425D210032, S425U210032 Reporting Significant Deficiency in Internal Control over Compliance and Compliance Criteria: Ascent Academies of Utah should have policies and procedures in place to ensure that the required annual performance report is prepared accurately before submission to the State. Condition: In connection with the audit procedures performed, it was noted that Ascent Academies of Utah reported incorrect amounts of ESSER II expenditures. Cause: Ascent Academies of Utah did not properly review their records to determine the correct amount of ESSER II expenditures were reported correctly on the annual performance report. Effect: Ascent Academies of Utah is not in compliance with 84.425 Education Stabilization Funds reporting requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required annual performance report did not report program expenditures correctly. Repeat Finding from Prior Year: No Recommendation: Ascent Academies of Utah should contact the State of Utah and report the correct ESSER II expenditures. Views of Responsible Officials: Management agrees with this finding and notes that the State of Utah has been contacted and the error already corrected.