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Corrective Action Plans

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Children's Hospital of Chicago Medical Center and Affiliated Corporati
IL
Reporting Allowable Costs / Cost Principles
Management?s View and Corrective Action Plan The following is the Medical Center?s response to the audit of Federal programs in accordance with the Uniform Guidance for the year ended August 31, 2022. Finding 2022-001 ? Reporting Requirements Grantor: U.S. Department of Health and Human Services Pro...
Management?s View and Corrective Action Plan The following is the Medical Center?s response to the audit of Federal programs in accordance with the Uniform Guidance for the year ended August 31, 2022. Finding 2022-001 ? Reporting Requirements Grantor: U.S. Department of Health and Human Services Program: Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution Assistance Listing #: 93.498 Title: COVID-19 Provider Relief Fund Award Year: Fiscal year 2022 9/1/21-8/31/22 Award Number: Not Listed Management understands the importance of accurate reporting for the Provider Relief Fund reporting. At the time of the second and third reporting submissions, the proper review and tie out of final net revenue was not completed for August 2021 net revenue. Corrective Action Plan and Anticipated Completion Date: The net revenue amounts reported in error for August 2021 will be revised from the reported estimated amounts to actual net revenues in the Period 4 reporting submission, which will be submitted by March 31, 2023. With no lost revenue being claimed beyond what has already been reported to HRSA, management will also update methodology narrative to reference the last month with lost revenues was March 2021 and no additional revenue will be reported.
View Audit 50547
1347 Morris Avenue Corporation
NY
HUD Housing Programs Cash Management Reporting
1347 Morris Avenue Corporation 290 Lenox, 3rd Floor New York, NY 10027 AUDITEE?S CORRECTIVE ACTION PLAN Name and Number of Project 1347 Morris Avenue Corporation, FHA Project Number 012-HD086 Auditor/Audit Firm PKF O?Connor Davies LLP Audit Period June 30, 2022 Finding 2022-001 ? Timely Deposi...
1347 Morris Avenue Corporation 290 Lenox, 3rd Floor New York, NY 10027 AUDITEE?S CORRECTIVE ACTION PLAN Name and Number of Project 1347 Morris Avenue Corporation, FHA Project Number 012-HD086 Auditor/Audit Firm PKF O?Connor Davies LLP Audit Period June 30, 2022 Finding 2022-001 ? Timely Deposit of Surplus Cash A. Comments on Finding and Recommendations Recommendation ? We recommend that management ensures the surplus cash deposit is done timely in the future. B. Actions Taken or Planned Auditee agrees with this finding. Our policy has been to make surplus cash deposits after the final audit has been issued. Going forward our focus will be to work with the auditor and owner to get the audits finalized earlier so adequate time is left for the deposits to be made. In instances where the final is not going to be issued and allow enough time, the deposit will be made based on the reviewed draft. C. Status of Corrective Action on Prior Findings No prior findings. Ezra Mill, CFO
View Audit 49937
Finding 50605 (2022-002)
Material Weakness 2022
Ecorse Public Schools
MI
Material Weakness Reporting Internal Control / Segregation of Duties
The CFO will perform a detail review of the accounts used throughout the district and make corrections before January 1, 2023. Which will be conducted during the review of the budget to bring everything in compliance.
The CFO will perform a detail review of the accounts used throughout the district and make corrections before January 1, 2023. Which will be conducted during the review of the budget to bring everything in compliance.
View Audit 45534
Better Living for Citizens, Inc.
MI
Subrecipient Monitoring Reporting
Finding #2022-001: For the year ended December 31, 2021, the Corporation did not submit the Data Collection Form to the Federal Audit Clearinghouse in the time period required by Uniform Guidance. Comments on the Finding and Each Recommendation: The Corporation should submit the Data Collection F...
Finding #2022-001: For the year ended December 31, 2021, the Corporation did not submit the Data Collection Form to the Federal Audit Clearinghouse in the time period required by Uniform Guidance. Comments on the Finding and Each Recommendation: The Corporation should submit the Data Collection Form to the Federal Audit Clearinghouse within the required time period. Management agrees to the finding and recommendation. Action(s) Taken or Planned on the Finding: The Data Collection Form was submitted to the Federal Audit Clearinghouse on October 11, 2022, no further action is required.
View Audit 41880
Finding 50595 (2022-002)
Significant Deficiency 2022
District Alliance for Safe Housing
DC
Reporting Significant Deficiency Matching / Level of Effort / Earmarking
DISTRICT ALLIANCE FOR SAFE HOUSING, INC. AND SUBSIDIARY MANAGEMENT CORRECTIVE ACTION PLAN For the Year Ended September 30, 2022 TO: MARCUM LLP 1899 L Street NW, Suite 850 Washington, DC 20036 Audit Period: The findings from the September 30, 2022 schedule of findings and questioned costs are discu...
DISTRICT ALLIANCE FOR SAFE HOUSING, INC. AND SUBSIDIARY MANAGEMENT CORRECTIVE ACTION PLAN For the Year Ended September 30, 2022 TO: MARCUM LLP 1899 L Street NW, Suite 850 Washington, DC 20036 Audit Period: The findings from the September 30, 2022 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. FINANCIAL STATEMENT FINDINGS Finding 2022-001: Donor Restricted Net Assets ? Time Restrictions Condition and Context: Several grants and contributions had time restrictions incorrectly applied as the donor made the funds available to DASH in the current year, including the payment of those funds. Although the impact was not material, it resulted in net assets with donor restrictions being overstated in the financial statements. Recommendation: The auditors recommended additional training be delivered to enhance understanding of time restrictions under GAAP. The auditors also recommended that, as part of monthly and year-end closing procedures, analysis and reconciliations of donor-restricted net asset activity continue to be performed and all needed adjustments be posted prior to closing. Views of Responsible Officials and Planned Corrective Action: The Organization agrees with the finding and the auditors? recommendation. The Organization will update its policies and procedures to reflect the auditors? advice about what constitutes a donor time restriction under generally accepted accounting principles (GAAP). Analysis and reconciliations of donor-restricted net asset activity will continue to be performed as part of monthly and year-end closing procedures, with adjustments posted prior to closing. FEDERAL AWARD FINDINGS AND QUESTIONED COSTS Finding 2022-002: Reporting ? Compliance Finding and Significant Deficiency in Internal Control Over Compliance Condition and Context: The auditors identified that certain financial and performance reports were submitted late and documentation of review and approval of performance reports by someone other than the report preparer was not available. Recommendation: The auditors recommended that management review policies and procedures over reporting to ensure a review and approval process that allows for timely submission and documented approval of performance reports. Views of Responsible Officials and Planned Corrective Action: The Organization agrees with the finding and the auditors? recommendations. The Organization has hired a qualified finance team who have implemented a revised monthly closing routine to ensure timely submission of financial reports. The Data, Impact, Systems & Coaching (DISC) team responsible for performance reporting was expanded in FY22 to include an additional FTE to support data and reporting. Revised end-to-end processes for performance reports are being documented and implemented, including the necessary documented reviews and approvals to ensure compliance with funder and organizational requirements.
View Audit 43770
Finding 50569 (2022-001)
Significant Deficiency 2022
Georgia Association of Conservation Districts, Inc.
GA
Internal Control / Segregation of Duties Cash Management Reporting
2020-01: Segregation of Duties Name of contact person: Katie Sponberger, Executive Director Corrective Action: Duties and functions will be reviewed to determine where segregation needs to occur. The duties will be separated as much as possible and alternative controls will be implemented to c...
2020-01: Segregation of Duties Name of contact person: Katie Sponberger, Executive Director Corrective Action: Duties and functions will be reviewed to determine where segregation needs to occur. The duties will be separated as much as possible and alternative controls will be implemented to compensate for lack of segregation. The costs of segregating certain duties exceeds the benefit and therefore, nonfinancial employees will be trained to provide some assistance in these areas. Proposed completion date: The Board will implement the above procedure immediately.
View Audit 52766
Finding 50559 (2022-001)
Material Weakness 2022
Ohana Homes, Inc.
MD
Questioned Costs HUD Housing Programs Cash Management
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of all residual receipts compliance requirements. Action Taken: The Organization will request approval from HUD to pay back the excess residual receipt balance.
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of all residual receipts compliance requirements. Action Taken: The Organization will request approval from HUD to pay back the excess residual receipt balance.
View Audit 53857 Questioned Costs: $1
Finding 50556 (2022-004)
Material Weakness 2022
Vigo County School Corporation
IN
Internal Control / Segregation of Duties Special Tests & Provisions Subrecipient Monitoring § 200.303
FINDING 2022-004 Contact Person Responsible for Corrective Action: Teresa Stuckey, Director of Elementary Education and Title I Contact Phone Number: 812-462-4228 Views of Responsible Official: The School Corporation will institute a system that provides for the oversight, review and approval proces...
FINDING 2022-004 Contact Person Responsible for Corrective Action: Teresa Stuckey, Director of Elementary Education and Title I Contact Phone Number: 812-462-4228 Views of Responsible Official: The School Corporation will institute a system that provides for the oversight, review and approval process of required applications and reports to comply with the Special Tests and Provisions ? Participation of Private School Children and Reporting compliance requirements. Description of Corrective Action Plan: The Director of Elementary Education will work with the Curriculum Team to develop an application process that provides for data submission by one individual and a review of the Title I application by another individual. The Director will also work to implement a report review process that includes multiple personnel involved in the preparation and review of reports to ensure their accuracy. Anticipated Completion Date: Immediately
View Audit 53341
Finding 50546 (2022-001)
Material Weakness 2022
Chilchinbeto Community School, Inc.
AZ
Cash Management Material Weakness Reporting
Findings Related to the Financial Statements Reported in Accordance with Government Auditing Standards Finding Number: 2022-001 ? Internal Control over Financial Close and Reporting Responsible Persons: Business Manager, Angelita Clitso Anticipated Completion Date: July 2023 Planned Corrective...
Findings Related to the Financial Statements Reported in Accordance with Government Auditing Standards Finding Number: 2022-001 ? Internal Control over Financial Close and Reporting Responsible Persons: Business Manager, Angelita Clitso Anticipated Completion Date: July 2023 Planned Corrective Action: The school has had turnover in the Business Office and in administrative positions. The business office will correct and reconcile all accounts timely.
View Audit 53029
Finding 50544 (2022-001)
Significant Deficiency 2022
Community Health Care, Inc.
IA
Allowable Costs / Cost Principles Reporting
During CHC's annual audit, Management discovered $80,305.25 of self-pay revenue has been entered into an incorrect quarter in the provider relief reporting portal. This has resulted in a finding in the current year financial statement audit. Management has evaluated the finding and reviewed whether ...
During CHC's annual audit, Management discovered $80,305.25 of self-pay revenue has been entered into an incorrect quarter in the provider relief reporting portal. This has resulted in a finding in the current year financial statement audit. Management has evaluated the finding and reviewed whether any funds need to be repaid and evaluated its controls around future provider relief reporting cycles. It has been determined that even if Self-Pay revenue were reclassified to the correct quarter, lost revenues would have been sufficient to keep the entire award. Therefore, no repayment is necessary. If allowed in future provider relief reporting periods CHC will correct the misreporting. In addition, management will ensure adequate time to review the provider relief reporting prior to the submission deadline. Management believes all necessary steps have been completed to correct the misreporting and believe this matter to be closed.
View Audit 52585
Finding 50540 (2022-002)
Significant Deficiency 2022
Iowa Finance Authority
IA
Reporting Significant Deficiency Internal Control / Segregation of Duties
Finding 2022-002 Federal Agency Name: U.S. Department of Treasury Program Names: Emergency Rental Assistance Program (ERA) and Coronavirus State and Local Recovery Funds (CSLRF) CFDA #s: 21.023 and 21.027 Finding Summary: There was no documented control in place to review reports prior to submission...
Finding 2022-002 Federal Agency Name: U.S. Department of Treasury Program Names: Emergency Rental Assistance Program (ERA) and Coronavirus State and Local Recovery Funds (CSLRF) CFDA #s: 21.023 and 21.027 Finding Summary: There was no documented control in place to review reports prior to submission. Responsible Individuals: Brian Sullivan, Chief Programs Officer and Aaron Smith, Chief Bond Programs Director Corrective Action Plan: We will develop and document a process requiring additional review of required federal reporting prior to submission. This review process will be implemented immediately effective with treasury reporting submitted for the quarter ended September 30, 2022. Anticipated Completion Date: September 30, 2022
View Audit 51353
University of Pikeville
KY
Reporting Special Tests & Provisions
Federal Program: U.S. Department of Education: COVID-19: Higher Education Emergency Relief Fund (HEERF) Criteria: The University must comply with 31 CFR Section 35.4(c) Condition: During our testing of quarterly reporting for HEERF, we noted that the University did not report their lost revenues use...
Federal Program: U.S. Department of Education: COVID-19: Higher Education Emergency Relief Fund (HEERF) Criteria: The University must comply with 31 CFR Section 35.4(c) Condition: During our testing of quarterly reporting for HEERF, we noted that the University did not report their lost revenues used as a part of institutional spending. Corrective Actions Taken or Planned: The University will establish review procedures to ensure all information is included in future reports. The Vice President for Finance and Associate Vice President for Finance will have the final review to ensure all accounting data is reflected accurately. Name of Responsible Person: Barry Bentley, Vice President for Finance Implementation Date: March 22, 2023
View Audit 48502
Finding 50529 (2022-005)
Material Weakness 2022
Warren County, North Carolina
NC
Allowable Costs / Cost Principles Cash Management Material Weakness
Finding: 2022-5 Name of contact person: Renae Alston Corrective Action: Employees will be provided a refresher training on documentation of time sheets. Supervisors will be provided training on the review and reconciliation of data between the timesheet and the daysheet. Pr...
Finding: 2022-5 Name of contact person: Renae Alston Corrective Action: Employees will be provided a refresher training on documentation of time sheets. Supervisors will be provided training on the review and reconciliation of data between the timesheet and the daysheet. Proposed Completion Date: March 31, 2023
View Audit 47077
American University
DC
Reporting Internal Control / Segregation of Duties
Finding 2022-001 ? Reporting Grantor: Department of Education Program: Education Stabilization Fund Assistance Listing#: 84.425F Award Title: Higher Education Emergency Relief Funding Award Year: 07/1/2021 ? 06/30/2022 Award Number: 204302 - 20A Pass-through Number: Not applicable T...
Finding 2022-001 ? Reporting Grantor: Department of Education Program: Education Stabilization Fund Assistance Listing#: 84.425F Award Title: Higher Education Emergency Relief Funding Award Year: 07/1/2021 ? 06/30/2022 Award Number: 204302 - 20A Pass-through Number: Not applicable The finding above was noted during the Uniform Guidance audit for the year ended June 30, 2022 which is performed in accordance with Government Auditing Standards. Management of American University agrees with this finding and proposes the following Corrective Action Plan. Corrective Action Plan As of June 30, 2021, American University (the University) expended one hundred percent of both the student and institutional allocations of the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA). Due to an oversight by management, the final reports were not posted until July 27, 2021, seventeen days after the required reporting date of July 10, 2021. The university revised its internal communication process around reporting for all awards received for Higher Education Emergency Relief Funds having no further reporting findings related to the CRRSAA or American Rescue Plan Act (ARPA) funding. Nicole L. Bresnahan Assistant Vice President, Financial Operations American University Washington, DC 20016
View Audit 44754
Finding 50523 (2022-001)
Material Weakness 2022
YWCA Madison, Inc.
WI
Subrecipient Monitoring Allowable Costs / Cost Principles Reporting § 200.303
FINDINGS ? FEDERAL AWARD PROGRAM AUDIT MATERIAL WEAKNESS 2022-001 Coronavirus State and Local Fiscal Recovery Funds ? Assistance Listing No. 21.027 Recommendation: YWCA should establish written policies and procedures to provide for timely and appropriate review and approval and adequate document...
FINDINGS ? FEDERAL AWARD PROGRAM AUDIT MATERIAL WEAKNESS 2022-001 Coronavirus State and Local Fiscal Recovery Funds ? Assistance Listing No. 21.027 Recommendation: YWCA should establish written policies and procedures to provide for timely and appropriate review and approval and adequate documentation of overhead allocations and time and effort reporting. Action Taken: We concur with the recommendation and have developed the following plan. In compliance with guidance set forth in the Uniform Guidance 2 CFR section 200.303, YWCA Madison, Inc. will document written policies and procedures to ensure timely and appropriate review and approval of overhead allocations and time and effort reporting. These policies and procedures will also describe the documentation to be used as support for the overhead allocations and time and effort reporting i.e., signed staff timesheets, program or department headcount, and facility floor plans. Additionally, on a quarterly basis, YWCA Madison, Inc. will document, review, and update, if necessary, the basis used for allocating overhead costs and time and effort reporting. A review of this process will be added to the monitoring checklist as part of the internal controls checklist. This checklist will be reviewed monthly by the CEO and the review will be documented.
View Audit 48383
Finding 50520 (2022-101)
Significant Deficiency 2022
St. Joseph the Worker
AZ
Reporting Cash Management Significant Deficiency
2022-101 ? Reporting (Significant Deficiency, Compliance Finding) Federal Funding Agency: U.S. Department of Housing and Urban Development; U.S. Department of Treasury Pass Through Agency: Arizona Department of Economic Security and Central Arizona Shelter Services; Maricopa County, Arizona Title: E...
2022-101 ? Reporting (Significant Deficiency, Compliance Finding) Federal Funding Agency: U.S. Department of Housing and Urban Development; U.S. Department of Treasury Pass Through Agency: Arizona Department of Economic Security and Central Arizona Shelter Services; Maricopa County, Arizona Title: Emergency Solutions Grant Program; Coronavirus State and Local Fiscal Recovery Funds. Assistance Listing #: 14.231; 21.027 Award Year: July 1, 2021 through June 30, 2022 Questioned Costs: N/A Person Responsible: Petrona Zickgraf, Controller, St Joseph the Worker Estimated Completion Date: 05/31/2023 Planned Corrective Action: We have established policies and procedures by which expenses being charged to each federal award are now summarized on an ongoing basis, to general ledger accounts in our accounting system so that at all costs that were charged to each award can be easily determined.
View Audit 43734
Finding 50516 (2022-002)
Material Weakness 2022
Local Area of the Workforce Development in the Northeast
PR
Reporting
The ALDL already took the necessary steps to gather their pertinent information and have already coordinated the methods and software with an appropriate time frame. The actions will include in-person meetings and will also include other State Government agencies that are related directly to our fin...
The ALDL already took the necessary steps to gather their pertinent information and have already coordinated the methods and software with an appropriate time frame. The actions will include in-person meetings and will also include other State Government agencies that are related directly to our financial) system.
View Audit 42935
Finding 50502 (2022-002)
Material Weakness 2022
Vigo County School Corporation
IN
Subrecipient Monitoring Internal Control / Segregation of Duties Matching / Level of Effort / Earmarking § 200.303 § 200.333 § 200.334 § 200.77 § 200.78
FINDING 2022-002 Contact Person Responsible for Corrective Action: Teresa Stuckey, Director of Elementary Education and Title I Contact Phone Number: 812-462-4228 Views of Responsible Official: The School Corporation will work with non-public schools to make sure that their enrollment is properly re...
FINDING 2022-002 Contact Person Responsible for Corrective Action: Teresa Stuckey, Director of Elementary Education and Title I Contact Phone Number: 812-462-4228 Views of Responsible Official: The School Corporation will work with non-public schools to make sure that their enrollment is properly reported. Description of Corrective Action Plan: School Corporation personnel will work with non-public school representatives to secure accurate enrollment information and maintain the proper documentation for audit purposes. Additionally, enrollment data entered on the Title I application portal will be reviewed prior to submission to ensure that data entered agrees with supporting documentation. Anticipated Completion Date: During submission of the 23-24 Title I application.
View Audit 53341
Finding 50500 (2022-004)
Material Weakness 2022
City of Bloomer
WI
Material Weakness Reporting Internal Control / Segregation of Duties
2022-004 Investment Financial Reporting under Generally Accepted Accounting Principles (GAAP) Recommendation: The City should continue to evaluate its internal staff and expertise to determine if an internal control policy over the investment related disclosures is beneficial. Explanation of disagre...
2022-004 Investment Financial Reporting under Generally Accepted Accounting Principles (GAAP) Recommendation: The City should continue to evaluate its internal staff and expertise to determine if an internal control policy over the investment related disclosures is beneficial. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned in response to finding: The City will continue to rely upon the audit firm to prepare the investment related footnote disclosures in accordance with GAAP. Management will review, approve, and accept responsibility for these investment related footnote disclosures prior to issuance. Name(s) of the contact person(s) responsible for corrective action: Sandi Frion, Administrator. Planned completion date for corrective action plan: The activities outlined above will be completed by September 30, 2023.
View Audit 52928
Finding 50499 (2022-003)
Material Weakness 2022
City of Bloomer
WI
Material Weakness Reporting Internal Control / Segregation of Duties
2022-003 Annual Financial Reporting under Generally Accepted Accounting Principles (GAAP) Recommendation: The City should continue to evaluate its internal staff and expertise to determine if an internal control policy over the annual financial reporting is beneficial. Explanation of disagreement wi...
2022-003 Annual Financial Reporting under Generally Accepted Accounting Principles (GAAP) Recommendation: The City should continue to evaluate its internal staff and expertise to determine if an internal control policy over the annual financial reporting is beneficial. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned in response to finding: The City will continue to rely upon the audit firm to prepare the annual financial statements and related footnote disclosures in accordance with GAAP. Management will review, approve and accept responsibility for these financial statements and related footnote disclosures prior to issuance. Name(s) of the contact person(s) responsible for corrective action: Sandi Frion, Administrator. Planned completion date for corrective action plan: The activities outlined above will be completed by September 30, 2023.
View Audit 52928
Finding 50497 (2022-001)
Material Weakness 2022
City of Bloomer
WI
Internal Control / Segregation of Duties Material Weakness Reporting
MATERIAL WEAKNESSES 2022-001 Limited Segregation of Duties Recommendation: The City should continue to evaluate its staffing in order to segregate incompatible duties whenever possible. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned in...
MATERIAL WEAKNESSES 2022-001 Limited Segregation of Duties Recommendation: The City should continue to evaluate its staffing in order to segregate incompatible duties whenever possible. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action planned in response to finding: The City will continue to work to achieve segregation of duties whenever cost effective. Name(s) of the contact person(s) responsible for corrective action: Sandi Frion, Administrator. Planned completion date for corrective action plan: The activities outlined above will be completed by September 30, 2023.
View Audit 52928
Finding 50494 (2022-002)
Significant Deficiency 2022
Sitka School District
AK
Cash Management Reporting Significant Deficiency
Finding 2022-002 Late Reporting and Noncompliance with Reporting Requirements Name of Contact Person: Leslie Young Corrective Action Plan: The district business office has had significant staffing transitions within the last year and was without a business manager for six months, despite a continu...
Finding 2022-002 Late Reporting and Noncompliance with Reporting Requirements Name of Contact Person: Leslie Young Corrective Action Plan: The district business office has had significant staffing transitions within the last year and was without a business manager for six months, despite a continual search for qualified applicants. It was identified that the district did not provide one quarterly reimbursement request to the State of Alaska in a timely manner during this period. The district business office is now fully staffed, with new staff hired in August, and is currently addressing this matter. Staff are being trained to support timely submission of quarterly reporting. Proposed Completion Date: 6/30/2023
View Audit 52864
Finding 50457 (2022-001)
Significant Deficiency 2022
United Odd Fellow and Rebekah Home D/b/a Rebekah Rehab and Extended Ca
NY
Reporting
United Odd Fellow and Rebekah Home Dba Rebekah Rehab and Extended Care Center will attempt to contact HRSA to find out the feasibility of making any retroactive changes to their previously submitted Period 4 report in the HRSA Provider Relief Fund Reporting Portal to reflect actual revenues in 2020 ...
United Odd Fellow and Rebekah Home Dba Rebekah Rehab and Extended Care Center will attempt to contact HRSA to find out the feasibility of making any retroactive changes to their previously submitted Period 4 report in the HRSA Provider Relief Fund Reporting Portal to reflect actual revenues in 2020 and 2021. Responsible Party: Michael Felberg, Director of Finance Anticipated Completion Date: December 31, 2023
View Audit 44653
Finding 50454 (2022-002)
Material Weakness 2022
Independence Community College
KS
Internal Control / Segregation of Duties Cash Management Reporting
Corrective Action Plan February 16, 2023 Cognizant or Oversight Agency for Audit Independence Community College respectfully submits the following corrective action plan for the year ended June 30, 2022. Name and address of independent public accounting firm: Jarred, Gilmore & Phillips, PA, P.O. Box...
Corrective Action Plan February 16, 2023 Cognizant or Oversight Agency for Audit Independence Community College respectfully submits the following corrective action plan for the year ended June 30, 2022. Name and address of independent public accounting firm: Jarred, Gilmore & Phillips, PA, P.O. Box 779, 1815 S Santa Fe, Chanute, Kansas 66720. Audit period: Year ended June 30, 2022. The findings from the February 16, 2023 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. Finding: 2022-001 ? Improper Classification of Transactions Condition: Reconciliations of most balance sheet accounts found transactions that were improperly classified and/or not recorded at all. These balance sheet account reconciliations resulted in material amounts of general ledger adjustments posted after year end and through the date of the audit report. Recommendation: Additional training for staff is needed in the area of financial statement preparation and use of the general ledger software. Views of responsible officials: We are in agreement and the proper training will be added. Policies will also be updated to include additional detail & steps to assure that misclassifications can be traced and reclassified in a timely manner, along with assuring reconciliation of all balance sheet accounts can properly occur monthly. Finding: 2022-002 ? Reporting Condition: During our testing of financial reports to the grantor, it was determined a breakdown in internal controls occurred, because staff did not keep support for amounts reported to grantors from the accounting system. Staff tried to re-create the reports withthe accounting system and amounts were materially different than originally reported to the grantor. Recommendation: Additional training for staff is needed in the area of internal control over reporting. All reports filed should be thoroughly reviewed and approved before issuance. This review would include tying amounts reported to attached support from the accounting system. Views of responsible officials: We are in agreement and policies will be updated to include the proper internal controls are in place. It will also be required that all supporting GL documentation be included for all reporting aspects for Grants from the draws to annual reports. If the Oversight Agency for Audit has questions regarding this plan, please call Jonathan Sadhoo, Vice President for Administration & Finance, at (620) 332-5412. Sincerely, Independence Community College Independence Community College -
View Audit 48294
Finding 50448 (2022-002)
Material Weakness 2022
Sioux Falls Regional Airport Authority
SD
Reporting Material Weakness § 200.303 § 200.327 § 200.328
Finding 2022-002 Department of Transportation Airport Improvement Program, CFDA #20.106 AIP3-46-0050-57, AIP3-46-0050-61 Finding Summary: Federal share of expenditures reported within SF-425 annual report for grants #57 and #61 did not reconcile to supporting client records. Responsible Individual...
Finding 2022-002 Department of Transportation Airport Improvement Program, CFDA #20.106 AIP3-46-0050-57, AIP3-46-0050-61 Finding Summary: Federal share of expenditures reported within SF-425 annual report for grants #57 and #61 did not reconcile to supporting client records. Responsible Individuals: Dan Letellier, Executive Director Corrective Action Plan: Management will ensure correct support documentation is provided to 3rd party account for correct submission of FAA Forms 5100-126 and 127. Director will also verify that annual report form SF-425 is completed either by the Airport or the State of South Dakota DOT as it has been in the past. Anticipated Completion Date: Ongoing
View Audit 42215
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