Finding 1054515 (2020-001)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2020
Accepted
2024-07-10
Audit: 314786
Organization: La'i'opua 2020 (HI)

AI Summary

  • Issue: There are significant gaps in internal controls related to financial reporting for the Native Hawaiian Education Act Program and Covid Relief Funds.
  • Trend: This lack of control can lead to inaccuracies in financial statements and increased risk of mismanagement of funds.
  • Recommendation: Implement stronger internal controls and regular audits to ensure compliance and accurate reporting for both programs.

Finding Text

Lack of Internal Control over Financial Reporting, Native Hawaiian Education Act Program, Award Listing 84.362A and Covid Relief Funds, Award Listing 21.019

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 478072 2020-001
    Material Weakness Repeat
  • 478073 2020-001
    Material Weakness
  • 1054514 2020-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.019 Coronavirus Relief Fund $955,544
84.362 Native Hawaiian Education $620,178