Finding Text
Criteria: 2 CFR 200.510(b) requires the auditee to prepare a schedule of expenditures of federal awards (SEFA) that
contains federal awards expended during the period.
Condition: On the original SEFA provided for the audit, the total federal expenditures reflected on the SEFA were
inaccurate with excess amounts for some programs and omitting some grants with federal flow through funds. This
resulted in a material restatement of the SEFA.
Cause: During the year end accounting closing cycle, the Organization did an initial year end close and due to limitations
on the staff was unable to ensure the complete accuracy of the SEFA prior to providing it to the auditor.
Effect: SEFA was inaccurate
Recommendation: We recommend the Organization review its year end close timeline and procedures to ensure that
all grants are reviewed and reviewed for activity during the period to ensure that the SEFA is complete and accurate.
Views of Responsible Officials: Management agrees with the finding; see corrective action plan.