Finding Text
Reference Number: 2020-006
Program: Family and Community Violence Prevention – CFDA #93.910
Description: Cash Management
Criteria: The Uniform Guidance requires procedures in place to minimize the time elapsing between drawdown of federal funds and the disbursement of federal funds.
Condition: The Organization draws funds directly from the federal government. The Organization’s controls are set up to ensure that the draws agree to expenses incurred. For the Family and Community Violence Prevention program, the Organization did not follow these controls. At the beginning of the year, the Organization had deferred revenue of $130,976. This amount was not expended within 30 days, which we considered a reasonable time period.
Cause: An administrative oversight.
Effect: The Organization did not comply with cash management requirements of the Uniform Guidance.
Recommendation: We recommend the Organization ensures that funds drawn are expended within a reasonable time period as required by the Uniform Guidance.
Repeat Finding: This is a repeat of Finding 2019-005.
Views of Responsible Officials and Planned Corrective Actions: See Organization’s corrective action plan.