Finding 1057762 (2023-002)

Finding No. 2023-002 Significant Deficiency: Reporting - Control Finding ALN 21.027 – Coronavirus State and Local Fiscal Recovery Funds Federal Award Identification Number: OMB 1505-0271 Year: 2021 Federal Agency: US Department of the Treasury Pass-Through Entity: Not applicable Criteria Or Specific Requirement: 2 CFR Part 200.514(c) requires auditors to test internal control over compliance to support a low assessed level of control risk over compliance. Condition: Audit procedures revealed that there is no independent review of the quarterly Project and Expenditure Reports prior to submission. Cause: The quarterly Project and Expenditure Reports are compiled from internal reports which are aggregated from expenditure information which has been through proper approvals, and the quarterly Project and Expenditure Reports are prepared and submitted without review of the compiled report. Effect: Controls over reporting provisions are not properly designed. Questioned Costs: Not applicable. Context: There is no independent review of the quarterly Project and Expenditure Reports prior to submission. Identification As A Repeat Finding: This is a first-time finding.