Finding 1226014 (2025-002)

Material Weakness Repeat Finding
Requirement
A
Questioned Costs
-
Year
2025
Accepted
2026-08-06

AI Summary

  • Core Issue: Timesheets are being approved before the end of the pay period, leading to potential payroll errors.
  • Impacted Requirements: Effective internal controls over payroll processing are not in place, risking inaccurate financial reporting.
  • Recommended Follow-Up: Implement policies to ensure timesheet approval occurs only after the pay period ends and strengthen monitoring controls.

Finding Text

2025-002 - Internal Control over Payroll Timesheet Approval (Material Weakness) Criteria or Specific Requirements: Payroll processing requires that employee timesheets be complete, accurate, and approved only after the end of the respective pay period. Management is responsible for establishing and maintaining effective internal control over payroll to ensure accurate financial reporting and payroll disbursements. Condition: HRCSF does not have effective controls over the approval of employee timesheets. Audit testing revealed that timesheets were approved prior to the end of the respective pay period, indicating that recorded time may not have been fully reviewed. Cause: HRCSF has not established controls to ensure that timesheets are approved only after all time has been recorded for the pay period. Effect: Premature approval of timesheets increases the risk of payroll errors, including inaccurate payment amounts and misstatement of payroll-related balances in the financial statements. Auditor's Recommendation: Management should implement policies and procedures to ensure that timesheets are approved only after the completion of the respective pay period. Adequate review and supporting documentation should be maintained for all payroll entries. Additionally, monitoring controls should be strengthened to reduce the risk of payroll errors and to ensure accurate and reliable payroll processing.

Corrective Action Plan

Management Response: HRCSF became an independent 501(c)(3) organization following decades of operation under a fiscal sponsor. During the transition, the organization inherited certain administrative and payroll practices, including the timing of timesheet approvals. As management continued to formalize internal policies and procedures following independence, this practice was identified and corrected. Effective May 2025, management transitioned from a semi-monthly payroll schedule to a bi-weekly payroll schedule and revised its payroll calendar, timesheet procedures, and approval deadlines to ensure timesheets are completed and approved after the close of each pay period. These corrective actions were implemented during the fiscal year under review and prior to the issuance of this finding. Management disagrees with the characterization of this matter as a material weakness in internal control over payroll. The condition identified relates to the timing of timesheet approval and documentation rather than a breakdown in controls over payroll accuracy, payroll disbursements, or federal compliance. Employees were compensated based on approved compensation rates, and payroll costs charged to grants were subject to multiple compensating controls. In addition,grant invoicing was performed, on average, approximately three weeks after close of the applicable service period, allowing sufficient time for payroll review, reconciliation, and correction of any identified discrepancies, and appropriate allocation of labor costs to grants. Extensive audit testing of FY25 of payroll transactions and federal expenditures identified no unsupported payroll charges, questioned costs, employee overpayments, or material compliance exceptions related to this condition. Management is likewise unaware of any instance in which such issues occurred. Management believes this matter is more appropriately characterized as a procedural control deficiency mitigated by compensating controls that was remediated during FY2024-2025 and did not result in material noncompliance or material misstatement. Management will continue to monitor compliance with the revised payroll procedures to ensure effectiveness of internal controls over payroll processing. Anticipated Completion Date: Implemented May 2025 Responsible Officials: Ileana Mar, HRCSF, Finance & Operations Director Neelam Kumar, HRCSF, Director of People & Culture Maria Zamudio, HRCSF, Executive Director

Categories

Subrecipient Monitoring Material Weakness Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1226012 2025-002
    Material Weakness Repeat
  • 1226013 2025-003
    Material Weakness Repeat
  • 1226015 2025-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $592,227