FAC Explorer

Finding 1176613 (2025-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-03-05
Audit: 390436
Organization: Another Choice, Another Chance (CA)
Auditor: ST GROUP

AI Summary

  • Answer: The SEFA was not accurately prepared and didn't match the general ledger.
  • Trend: This issue stems from weak reconciliation and review processes.
  • List: To fix this, establish clear reconciliation and review procedures to ensure SEFA accuracy before release.

Finding Text

Condition: The SEFA was inaccurately prepared and did not fully reconcile to the general ledger. Cause: Insufficient reconciliation and review procedures over SEFA preparation. Effect: Federal expenditures may be misstated, resulting in noncompliance with reporting requirements. Criteria: 2 CFR 200.510(b) and 200.302 require the SEFA to be accurate and supported by underlying accounting records. Recommendation: Implement documented reconciliation and review procedures to ensure the SEFA agrees to the general ledger prior to issuance.

Corrective Action Plan

Views of responsible officials and corrective action: The organization hired an individual contractor to assist with the implementation of a formal financial closing process, which includes identifying a detailed and specific process to review and reconcile procedures to ensure accurate reporting of federal expenditures and alignment with the general ledger. Responsible Individual: Okeema Polite, CEO/Executive Director Todd Falcone, Independent Contractor Bookkeeper Vannessa Lindsey, Board President Implementation Date: ACAC has begun implementing the procedures with the assignment to the Independent Contractor as of May 2025. Recommended procedures will be implemented by July 30, 2026

Categories

Reporting

Programs in Audit

ALN Program Name Expenditures
93.787 TITLE V SEXUAL RISK AVOIDANCE EDUCATION PROGRAM (DISCRETIONARY GRANTS) $548,378
93.958 BLOCK GRANTS FOR COMMUNITY MENTAL HEALTH SERVICES $529,714