Finding 1078922 (2021-011)

Material Weakness
Requirement
B
Questioned Costs
$1
Year
2021
Accepted
2024-10-10
Audit: 324487
Organization: College of the Marshall Islands (MH)

AI Summary

  • Core Issue: The College lacks proper documentation for payroll and non-payroll expenditures, leading to noncompliance with federal cost principles.
  • Impacted Requirements: 71% of payroll items and 6% of non-payroll items were questioned due to insufficient documentation, totaling $7,018 in questioned costs.
  • Recommended Follow-Up: Strengthen internal controls to ensure all transactions are properly documented and compliant with federal regulations.

Finding Text

Finding No.: 2021-011 Federal Agency: U.S. Department of Education AL Program: 84.047A TRIO Upward Bound Federal Award No.: P047A171556-21 Area: Allowable Costs/Cost Principles Questioned Costs: $7,018 Criteria: Federal program expenditures should be necessary and reasonable for the performance of the Federal award in accordance with allowable costs/cost principles requirements and be adequately documented. Conditions: 1. For seventeen (or 71%) of twenty-four items, aggregating $17,796 of $185,064 in payroll total expenditures, deficiencies were noted, as follows: For item #s 1 through 8, employees were paid at a higher rate with no approved revised employee contract or pay increment memorandum on file to substantiate the higher rate paid to employees. For item #s 8 through 12, there were no approved timesheet on file to substantiate the actual number of hours worked. Further, for item # 12, there was no approved employment contract on file. For item #s 13 through 16, we noted discrepancy in the number of credits paid which is based on employment contract against the number of equivalent credits assigned to instructors per approved memorandum. Item # 17 pertains to salary advance for which there was inadequate documentation as to approval of advance made. 2. For one (or 6%) of sixteen items, aggregating $50,464 of $128,947 in total non-payroll expenditures, the item amounting to $2,185 (Check # 1033875) pertains to the purchase of office equipment for which no vendor invoice and receiving report was on file. Cause: The College lacks adequate internal controls over compliance with applicable federal regulations relating to allowable costs/cost principles, specifically, obtaining and retaining sufficient documentation to support all transactions. Effect: The College is in noncompliance with applicable allowable costs/cost principles requirements. Accordingly, questioned costs of $7,018 result because the projected questioned costs exceed the $25,000 threshold. For Condition # 1, item #s 1 through 7, only $403 is included in the total questioned costs, which relates to the difference between the unsupported higher rate paid and the approved rate. Further, for Condition # 1, item #s 13 through 16, only $1,641 is included in the total questioned costs, which relates to the dollar amount of difference in the number of credits paid between employment contract and approved memorandum. Recommendation: College management should improve internal control policies and strengthen controls requiring obtaining and retaining sufficient documentation to support all transactions. Views of Auditee and Corrective Action Plan: The College partially agrees with the finding and provides details in its Corrective Action Plan.

Categories

Questioned Costs Allowable Costs / Cost Principles

Other Findings in this Audit

  • 502480 2021-011
    Material Weakness
  • 502481 2021-012
    Material Weakness
  • 502482 2021-013
    Significant Deficiency
  • 502483 2021-014
    Material Weakness Repeat
  • 502484 2021-015
    Material Weakness
  • 502485 2021-017
    Significant Deficiency Repeat
  • 502486 2021-014
    Material Weakness Repeat
  • 502487 2021-015
    Material Weakness
  • 502488 2021-016
    Material Weakness
  • 502489 2021-017
    Significant Deficiency Repeat
  • 502490 2021-014
    Material Weakness Repeat
  • 502491 2021-015
    Material Weakness
  • 502492 2021-016
    Material Weakness
  • 502493 2021-017
    Significant Deficiency Repeat
  • 502494 2021-006
    Significant Deficiency
  • 502495 2021-007
    Material Weakness
  • 502496 2021-008
    Significant Deficiency
  • 502497 2021-009
    Material Weakness
  • 502498 2021-010
    Material Weakness
  • 1078923 2021-012
    Material Weakness
  • 1078924 2021-013
    Significant Deficiency
  • 1078925 2021-014
    Material Weakness Repeat
  • 1078926 2021-015
    Material Weakness
  • 1078927 2021-017
    Significant Deficiency Repeat
  • 1078928 2021-014
    Material Weakness Repeat
  • 1078929 2021-015
    Material Weakness
  • 1078930 2021-016
    Material Weakness
  • 1078931 2021-017
    Significant Deficiency Repeat
  • 1078932 2021-014
    Material Weakness Repeat
  • 1078933 2021-015
    Material Weakness
  • 1078934 2021-016
    Material Weakness
  • 1078935 2021-017
    Significant Deficiency Repeat
  • 1078936 2021-006
    Significant Deficiency
  • 1078937 2021-007
    Material Weakness
  • 1078938 2021-008
    Significant Deficiency
  • 1078939 2021-009
    Material Weakness
  • 1078940 2021-010
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $7.01M
15.875 Economic, Social, and Political Development of the Territories $1.80M
84.047 Trio_upward Bound $314,011
84.425 Education Stabilization Fund $117,439
93.107 Area Health Education Centers Point of Service Maintenance and Enhancement Awards $94,927
84.325 Special Education - Personnel Development to Improve Services and Results for Children with Disabilities $54,944
47.076 Education and Human Resources $28,894
10.678 Forest Stewardship Program $2,422