Finding Text
Criteria: The Organization is required to prepare a complete and accurate Schedule of Expenditures of Federal Awards as a part of Uniform Guidance compliance requirements. Condition: The Schedule of Expenditures of Federal Awards prepared by the finance department was incomplete and missing federal Community Development Block Grant (CDBG) award expenditures of $451,600. Cause: A Uniform Guidance audit was not required in the prior year, therefore management was uncertain if these CDBG grants were intended to be included on the current year schedule of expenditures of federal awards when expended, or in a prior schedule of expenditures of federal awards when awarded. Effect: The Schedule of Expenditures of Federal Awards was understated by $451,600 for the missing CDBG federal expenditures. However, the Schedule of Expenditures of Federal Awards was corrected to include the $451,600 CDBG federal award expenditures during the audit. Questioned Costs: $-0-. Repeat Finding: No.