FAC Explorer

Finding 1187240 (2024-003)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
-
Year
2024
Accepted
2026-03-26
Audit: 394851
Organization: Rebuilding Together South Sound (WA)
Auditor: ARLEEN IBAY CPA

AI Summary

  • Core Issue: Lack of proper documentation and retention for disbursement approvals related to federal awards.
  • Impacted Requirements: Compliance with allowable costs and cost principles under the Community Development Block Grant program.
  • Recommended Follow-up: Implement procedures to ensure all disbursements are adequately documented and approved by the appropriate personnel.

Finding Text

Internal Control over Compliance - Allowable Costs/cost Principles, Community Development Block Grant, ALN 14.218 Material Weakness. Findings 2024-002 is applicable to the major program. As discussed in Finding 2024-002, disbursements review and/or approval were not properly documented and retained. Because of the failure to retain documentation of management approval on disbursements, expenses maybe charged to the federal awards without support, or without approval of management. Procedures should require adequate documentation and retention of disbursements including approval by appropriate personnel.

Corrective Action Plan

This is a reiteration of Finding 2024-002. Please refer to corrective action plan under Finding 2024-002. Management will review procedures and adopt a system to adequately document and retain approval of disbursements.

Categories

Allowable Costs / Cost Principles Material Weakness

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $171,951
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $56,679
10.433 RURAL HOUSING PRESERVATION GRANTS $50,000