Dec 19, 2023
Donovan CPAs
5151 E. U.S. HWY 36
Avon, IN 46123
Detailed below is the Official Response to Audit Results and Comments relative to the review of Muncie Public Charter School of Inquiry, Inc.’s (“the School”) compliance with provisions of the Accounting and Uniform Compliance Guidelines M...
Dec 19, 2023
Donovan CPAs
5151 E. U.S. HWY 36
Avon, IN 46123
Detailed below is the Official Response to Audit Results and Comments relative to the review of Muncie Public Charter School of Inquiry, Inc.’s (“the School”) compliance with provisions of the Accounting and Uniform Compliance Guidelines Manual for Indiana Charter Schools issued by the Indiana State of Accounts.
Audit Results and Comment: III. Federal Award Findings and Questioned Costs
FINDING 2023-001 TIME AND EFFORT RECORDS
SIGNIFICANT DEFICIENCY
Federal Program: Education Stabilization Fund
Assistance Listing Numbers: 84.425D and 84.425U
Condition: The School applied employee salary expenses to the program. While employees were applied to the grant in line with the approved budget, proper time and effort records were
not maintained. Semi-annual certification forms did not reflect a six-month period and were not signed at the end of the six-month period.
Criteria: Charges for Federal awards for salaries and wages must be based on records that accurately reflect work performed (2 CFR 200.430(i)).
Cause: The School was not aware of the requirement outlined in the Criteria section above.
Effect: The School is unable to document certification of employee time spent in the program.
Recommendation: We recommend the School develop internal controls to ensure that proper semi-annual certifications are maintained.
Views of Responsible Officials and Planned Corrective Actions: The School’s Corrective Action
Plan is included on page 2.
Response: The financial manager, Ana Maric, will submit completed semi-annual certification forms for all employees paid from Title I, Part A; IDEA, Part B (611), and ESSER III for the
period of July 01, 2023 to Dec 31,2023 to Donovan CPA for review by January 15, 2024. In addition, semi-annual certification forms will be completed for individuals paid by federal grants and will reflect six-month certification periods to be signed by the employee’s supervisor at the end of the six-month period. In order to maintain this, there will be internal checks and balances every six months to review with the Executive Director, Leslie Draper.
Leslie Draper
Executive Director
Inspire Academy- A School of Inquiry
2801 E. 16th St.
Muncie, IN 47302