Finding 1180743 (2024-003)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2024
Accepted
2026-03-17
Audit: 392418

AI Summary

  • Core Issue: 8% of disaster-related expenditures were recorded in incorrect general ledger accounts, violating OMB requirements.
  • Impacted Requirements: Accurate tracking of expenditures in designated accounts is essential for transparency and auditability under Requirement N.
  • Recommended Follow-Up: Strengthen coding controls, implement a secondary review, and regularly reconcile expenditures to ensure proper classification.

Finding Text

Criteria: Under the OMB Compliance Supplement Matrix, Requirement N - Special Tests & Provisions applies to ALN 97.036. Entities must maintain records that accurately track disaster-related expenditures in appropriate accounts to ensure proper reporting, transparency, and auditability. Tracking expenditures in the designated GL account is part of the auditee's internal control system for FEMA Public Assistance documentation. Condition: For 2 of 25 items tested (8%), disaster‑related expenditures were not recorded in the designated general ledger (GL) account used to track FEMA Public Assistance costs. Instead, they were recorded in other GL accounts. Cause: Expenditures were miscoded to incorrect GL accounts due to breakdowns in account‑coding controls during processing. Effect: Disaster‑related expenditures may not be fully or accurately captured in the account used for grant tracking, reducing the effectiveness of internal controls supporting reporting, project reconciliation, and documentation completeness. The financial impact is unknown, but the condition increases the risk of incomplete tracking of project expenditures. Context:  Population: 1,443 expenditures  Sample: 25  Exceptions: 2 (8%)  Sample was not statistically valid Questioned Costs: None. Recommendation: We recommend management:  Strengthen GL coding controls for disaster‑related activity  Implement a secondary review over expenditure coding  Periodically reconcile disaster expenditures across all GL accounts to ensure completeness and proper classification in the FEMA‑designated tracking account Views of Responsible Officials: Management agrees with the finding.

Corrective Action Plan

Strengthen GL coding controls for disaster-related activity; • Implement a secondary review over expenditure coding; • Periodically reconcile disaster expenditures across all GL accounts to ensure completeness and proper classification in the FE MA-designated tracking account.

Categories

Special Tests & Provisions Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1180737 2024-001
    Material Weakness Repeat
  • 1180738 2024-001
    Material Weakness Repeat
  • 1180739 2024-001
    Material Weakness Repeat
  • 1180740 2024-001
    Material Weakness Repeat
  • 1180741 2024-001
    Material Weakness Repeat
  • 1180742 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $29,088