Finding 1154134 (2024-001)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
$1
Year
2024
Accepted
2025-09-23

AI Summary

  • Core Issue: There were discrepancies in financial records, including unmatched amounts and incomplete documentation for allowable costs.
  • Impacted Requirements: Non-compliance with Allowable Costs/Cost Principles under Federal awards due to inadequate documentation.
  • Recommended Follow-Up: AACC should enforce policies for complete documentation from subrecipients and vendors, and improve tracking to prevent duplicate entries.

Finding Text

Finding 2024-001 Agency: Department of Labor Program: Apprenticeship State Funds (AL No. 17.285) Material Weakness over Allowable Costs/Cost Principles Repeat Finding: No Condition: For 1 out of 24 selections, the amounts recorded in the SEFA did not match the supporting documentation. For 3 out of 24 selections, there was incomplete supporting documentation provided which was related to unsigned/unapproved subrecipient reimbursement request forms and missing invoices. For 2 out of 24 selections, the amounts recorded were noted to be duplicated and included in the SEFA twice. However, we noted that these costs were not yet billed to the Department of Labor. Criteria: As provided in 2 CFR section 200.403: Factors affecting allowability of costs, except where otherwise authorized by statute, must by adequately documented to be allowable under Federal awards. Cause: AACC received amounts from their subrecipient or vendor to accrue into their SEFA for fiscal year 2024, but did not receive all invoice or receipt documentation to ensure accuracy of the costs.. Effect: AACC was not in compliance with the Allowable Costs/Cost Principles requirements in accordance with Uniform Guidance. Questioned Costs: $85,758.22 Recommendation: We recommend AACC implements a policy to require all subrecipients and vendors to submit complete expenditure documentation within a reasonable timeframe and AACC to properly review the documentation for accuracy and completeness. We also recommend AACC implements a policy to properly track invoices during the accrual and payment process to ensure duplicate entries do not occur.Auditee Response and Corrective Action Plan: Management agrees with the finding. Refer to the corrective action plan on current findings in Part V of this report.

Corrective Action Plan

To address this finding, AACC will adhere to the financial policies and procedures requiring all necessary itemized information be submitted to accounting with the proper signatures for review and approval. (Financial Policies and Procedures, page 26) Additionally, a tracking document will be utilized by the project manager outlining all expenditure reporting and invoices for each of the sub-award recipients. This document will be reviewed during the meeting with the accounting services department for reconciliation with the transactions reported in AACC’s accounting systems. (Financial Policies and Procedures, page 42).

Categories

Questioned Costs Allowable Costs / Cost Principles Subrecipient Monitoring Cash Management Material Weakness Reporting

Other Findings in this Audit

  • 1154131 2024-005
    Material Weakness Repeat
  • 1154132 2024-005
    Material Weakness Repeat
  • 1154133 2024-005
    Material Weakness Repeat
  • 1154135 2024-002
    Material Weakness Repeat
  • 1154136 2024-003
    Material Weakness Repeat
  • 1154137 2024-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
17.285 Apprenticeship USA Grants $1.33M
47.076 Education and Human Resources $108,736
11.307 Economic Adjustment Assistance $12,860
17.268 H-1b Job Training Grants $7,283
23.002 Appalachian Area Development $6,859