Finding 1091590 (2023-004)

Material Weakness
Requirement
Activities Allowed/Unallowed
Questioned Costs
-
Year
2023
Accepted
2024-12-17
Audit: 333188
Organization: Knotts Family Agency (CA)

AI Summary

  • Core Issue: The Agency lacks a proper accounting system to track grants and related expenses.
  • Impacted Requirements: This affects compliance with federal regulations on allowable costs and timely reporting of expenditures.
  • Recommended Follow-Up: Implement a comprehensive accounting system to accurately track and report grant expenditures.

Finding Text

The Agency has not designed and implemented an accounting system that tracks grants, grant budgets and grant cost center-level of accounting, including allocation of indirect administrative program expenses. In testing the Agency compliance with allowable costs and activities allowed, the Agency could not identify specific federal grant expenditures related to the grant awards for either direct or indirect program expenses. As a result, the Agency could not provide a schedule of expenditures of federal awards timely and on an accrual basis.

Categories

Allowable Costs / Cost Principles Reporting

Other Findings in this Audit

  • 515148 2023-004
    Material Weakness
  • 515149 2023-005
    Material Weakness
  • 1091591 2023-005
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
93.658 Foster Care Title IV-E $247,036
93.558 Temporary Assistance for Needy Families $160,446
93.659 Adoption Assistance $81,776