FAC Explorer

Finding 1163527 (2022-003)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2025-12-05
Audit: 373202
Organization: Knowledge, Education For Your Success, Inc (CA)
Auditor: COHNREZNICK LLP

AI Summary

  • Answer: The Organization submits monthly invoices for reimbursement under the grant agreement.
  • Trend: Consistent submission of invoices is crucial for maintaining funding flow.
  • List: Ensure timely submission of invoices and verify all costs align with grant requirements.

Finding Text

As part of the reporting required under the grant agreement, the Organization submits monthly invoices to request reimbursements for costs incurred under the program.

Corrective Action Plan

Corrective Action Plan The organization recognizes that the absence of formalized procedures contributed to delays in completing invoice reconciliations and inconsistencies in billing periods reflected in submitted invoices.

Categories

Cash Management Reporting

Other Findings in this Audit

  • 1163526 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
93.558 Temporary Assistance for Needy Families $4.80M
64.033 VA Supportive Services for Veteran Families Program $1.17M
14.267 Continuum of Care Program $646,360
64.033 VA Supportive Services for Veteran Families Program- Shallow Subsidy $21,889
14.231 Emergency Solutions Grant Program $14,915