Finding 1061903 (2022-004)

Material Weakness
Requirement
B
Questioned Costs
-
Year
2022
Accepted
2024-08-29

AI Summary

  • Core Issue: Indirect costs charged to a federal program lack a substantiated methodology, leading to potential overcharges.
  • Impacted Requirements: Non-compliance with 2 CFR section 200.303(a) regarding effective internal controls over federal awards.
  • Recommended Follow-Up: Management should develop a consistent, statistically-based methodology for allocating indirect costs across all programs.

Finding Text

2022-004Unsubstantiated methodology to allocate indirect costs charged to a federal program - (Material Weakness)Criteria:Per 2 CFR section 200.303(a), a non-Federal entity must: Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statues, regulations, and the terms and conditions of the Federal award. Condition: Expenditures were charged to the program based on different percentages applied to indirect bills that benefit the entire organization. There was not a substantiated methodology to arrive at these percentages. Cause: The CDP failed to implement consistent and reasonable methodology to allocate indirect costs. Effect: Indirect charges allocated to a program based on unsubstantiated methodology can result in federal reimbursements that are not reflective of actual costs. Indirect costs may be overcharged to the program. Questioned Cost: Undetermined Recommendation: Management needs to ensure the CDP establishes a reasonable and consistent allocation methodology. Ideally, the methodology should be statistically based. That methodology should be used entity-wide to consistently allocate indirect costs to various programs. Management's Views and Corrective Action Plan Management's response is included in "Management's View and Corrective Action Plan" at the end of this report after the schedule of findings and questioned cost

Categories

Allowable Costs / Cost Principles Cash Management Material Weakness Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 485458 2022-001
    Material Weakness Repeat
  • 485459 2022-002
    - Repeat
  • 485460 2022-003
    Material Weakness Repeat
  • 485461 2022-004
    Material Weakness
  • 485462 2022-005
    - Repeat
  • 1061900 2022-001
    Material Weakness Repeat
  • 1061901 2022-002
    - Repeat
  • 1061902 2022-003
    Material Weakness Repeat
  • 1061904 2022-005
    - Repeat

Programs in Audit

ALN Program Name Expenditures
14.239 Home Investment Partnerships Program $2.26M
10.415 Rural Rental Housing Loans $935,910
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $687,617
14.871 Section 8 Housing Choice Vouchers $282,362
10.427 Rural Rental Assistance Payments $89,398
10.415 Rural Rental Housing Loans - Interest Subsidy $40,863