Finding 1160132 (2022-014)

Material Weakness Repeat Finding
Requirement
AB
Questioned Costs
$1
Year
2022
Accepted
2025-10-06
Audit: 370531
Organization: College of the Marshall Islands (MH)

AI Summary

  • Core Issue: The College failed to maintain adequate documentation for expenditures, leading to questioned costs of $680 related to allowable costs.
  • Impacted Requirements: Non-compliance with federal regulations on allowable costs and internal controls, specifically 2 CFR 200.303(a).
  • Recommended Follow-Up: College management should enhance internal controls to ensure proper documentation for all transactions and comply with federal requirements.

Finding Text

Finding No.: 2022-014 Federal Agency: U.S. Department of Education AL Program: 84.047A TRIO Upward Bound Federal Award No.: P047A171556-21 Area: Activities Allowed or Unallowed Area: Allowable Costs/Cost Principles Questioned Costs: $440 Criteria: In accordance with the applicable activities allowed or unallowed requirements, institutions must demonstrate that costs incurred are allowable under the relevant program legislation, federal awarding agency regulations, and the terms and conditions of the award and consistent with the purpose of the Upward Bound program. 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. Furthermore, 2 CFR 200.303(a) states that the subrecipient must establish, document, and maintain effective internal control over the Federal award that provides reasonable assurance that the subrecipient is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should align with the guidance in “Standards for Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control-Integrated Framework” issued by the COSO. Conditions: 1. For fourteen (or 74%) of nineteen items, aggregating $1,599 of $82,998 in total non-payroll expenditures, deficiencies were noted, as follows: Item # Check# Description Expense Amount Questioned Cost 1 1034572 Stipends $ 20 $ 20 2 1034794 Stipends 35 35 3 1034826 Stipends 40 40 4 1035264 Stipends 40 40 5 1035279 Stipends 40 40 6 1035478 Stipends 40 40 7 1035755 Stipends 35 35 8 1036213 Stipends 15 15 9 1036214 Stipends 40 40 10 1036236 Stipends 40 40 11 1036566 Stipends 25 25 12 1036692 Stipends 30 30 13 1036948 Stipends 30 30 14 1038344 Stipends 55 55 $485 $485 There was no supporting documentation provided to ascertain whether such expenditures were allowable costs of the underlying grants. Only $245 questioned costs are reported at this finding as $240 questioned costs are included and reported at finding # 2022-016. 2. For three (or 7%) of forty-one items, aggregating $24,427 of $186,116 in total payroll expenditures, deficiencies were noted, as follows: Item # Check# Description Expense Amount Questioned Cost 1 49803 Salaries and wages and benefits $ 40 $ 40 2 50150 Salaries and wages and benefits 43 43 3 51131 Salaries and wages and benefits 112 112 $195 $195 There was no approved employment contract or other supporting documents on file to substantiate whether such expenditures were allowable costs of the underlying grants. Cause: The College lacks adequate internal controls over compliance with the applicable federal regulations relating to activities allowed or unallowed, specifically, obtaining and retaining sufficient documentation to support all transactions. Effect: The College is not in compliance with the applicable activities allowed or unallowed and allowable costs/cost principles requirements. Accordingly, total questioned costs of $680, of which $240 is reported at finding # 2022-016, result because the projected questioned costs exceed the $25,000 threshold. 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 Planned Corrective Actions: The College agrees with the finding and provides details in its Corrective Action Plan.

Corrective Action Plan

Activities Allowed or Unallowed & Allowable Costs/Cost Principles College of the Marshall Islands acknowledges the finding and agrees that the noted questioned costs arose from missing supporting documentation and employment contracts due to limitations in the previous manual filing system, which made timely retrieval difficult during the audit fieldwork. The College has since upgraded and institutionalized a cloud-based filing system to improve recordkeeping, accessibility, and documentation retention for all program expenditures. Internal controls have been strengthened to ensure that all stipends, salaries, and benefits charged to the TRIO Upward Bound program are fully supported by proper documentation, verified, and reviewed before payment and reporting. With the upgraded systems and the support of newly hired skilled staff, the College is now better equipped to ensure compliance. Staff have been trained—and will continue to be trained twice a year—on federal grant cost principles and documentation requirements to prevent recurrence of similar issues in future audits.

Categories

Questioned Costs Allowable Costs / Cost Principles Subrecipient Monitoring

Other Findings in this Audit

  • 1160126 2022-008
    Material Weakness Repeat
  • 1160127 2022-009
    Material Weakness Repeat
  • 1160128 2022-010
    Material Weakness Repeat
  • 1160129 2022-011
    Material Weakness Repeat
  • 1160130 2022-012
    Material Weakness Repeat
  • 1160131 2022-013
    Material Weakness Repeat
  • 1160133 2022-015
    Material Weakness Repeat
  • 1160134 2022-016
    Material Weakness Repeat
  • 1160135 2022-017
    Material Weakness Repeat
  • 1160136 2022-018
    Material Weakness Repeat
  • 1160137 2022-019
    Material Weakness Repeat
  • 1160138 2022-019
    Material Weakness Repeat
  • 1160139 2022-020
    Material Weakness Repeat
  • 1160140 2022-021
    Material Weakness Repeat
  • 1160141 2022-021
    Material Weakness Repeat
  • 1160142 2022-021
    Material Weakness Repeat
  • 1160143 2022-022
    Material Weakness Repeat
  • 1160144 2022-022
    Material Weakness Repeat
  • 1160145 2022-023
    Material Weakness Repeat
  • 1160146 2022-023
    Material Weakness Repeat
  • 1160147 2022-023
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.063 Federal Pell Grant Program $7.50M
84.425 Education Stabilization Fund $3.02M
15.875 Economic, Social, and Political Development of the Territories $1.69M
84.047 Trio Upward Bound $269,114
93.107 Area Health Education Centers $90,102
10.308 Resident Instruction, Agriculture, and Food Science Facilities and Equipment Grants $45,256
47.076 Stem Education (formerly Education and Human Resources) $16,725