Finding 1228393 (2024-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-08-31
Audit: 410080
Organization: Aging Services, Inc. (OK)

AI Summary

  • Core Issue: There was a significant discrepancy of $34,005 between federal expenditures reported on the SEFA and the actual detailed expenditure support for Title III C, indicating a need for improved accuracy in financial reporting.
  • Impacted Requirements: Management must ensure compliance with 2 CFR regulations, specifically regarding the preparation and accuracy of the Schedule of Expenditures of Federal Awards (SEFA) and its supporting documentation.
  • Recommended Follow-Up: Management should enhance SEFA preparation and review processes, including thorough reconciliations and timely investigations of variances, with implementation expected by July 30, 2026.

Finding Text

A. Internal control 2024-001 – Material Difference Between Federal Expense Detail and Federal Expenses Reported Repeat Finding: No Criteria: Management is responsible for preparing an accurate Schedule of Expenditures of Federal Awards (SEFA) in accordance with 2 CFR § 200.508(b), which requires the auditee to prepare financial statements including the SEFA in accordance with 2 CFR § 200.510, and 2 CFR § 200.510(b), which requires the SEFA to include total federal awards expended for each individual federal program. Amounts reported on the SEFA should be supported by underlying accounting records and detailed expenditure documentation. Federal expenditures reported for each program should be complete, accurate, and agree to the supporting detail. Condition: During the audit, the detailed expenditure support for Special Programs for the Aging, Title III, Part C, Nutrition Services (“Title III C”), ALN 93.045 federal expenditures did not agree to the original expenditures disclosed on the original SEFA. As a result, a journal entry in the amount of $34,005 was needed to reduce Title III C federal expenditures to agree the SEFA to the supporting expenditure detail. This deficiency is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Accordingly, we consider this matter to be a significant deficiency. The expenditure detail for Special Programs for the Aging, Title III, Part B, Grants for Supportive Services and Senior Centers, ALN 93.044, and the Nutrition Services Incentive Program, ALN 93.053, both included in the Aging Cluster, agreed to the respective expenditure detail without material exception. Questioned Costs: None noted. Cause and Effect: Due to improper reconciliations of grant expenditures details to the amounts reported on the transmittal report to Areawide Aging Agency (AAA), the agency the funds were passed through, the original SEFA overstated Title III C expenditures by $34,005. Inaccurate reporting of federal expenditures on the SEFA may affect the accuracy of the federal awards presented for audit purposes and may impact audit planning, major program determination, and compliance reporting if not identified and corrected Recommendation: We recommend that management strengthen its SEFA preparation and review procedures to ensure that all federal expenditures reported on the SEFA are reconciled to the underlying accounting records and detailed expenditure support before the SEFA is provided for audit. This review should include documented verification of expenditures by program and Assistance Listing number, timely investigation of variances, and approval of any necessary adjustments prior to finalizing the SEFA. Management Response: Management concurs with the finding. Management will implement procedures to reconcile grant expenditure detail to the general ledger, SEFA, and transmittal reports by program and Assistance Listing number prior to submission for audit. The reconciliation will be reviewed and approved by management, and any variances will be investigated and corrected timely. Implementation is expected by July 30, 2026, and the responsible party is Tammy Vaughn, Executive Director.

Corrective Action Plan

2024-001 – Material Difference Between Federal Expense Detail and Federal Expenses Reported Condition: During the audit, the detailed expenditure support for Special Programs for the Aging, Title III, Part C, Nutrition Services (“Title III C”), ALN 93.045 federal expenditures did not agree to the original expenditures disclosed on the original SEFA. As a result, a journal entry in the amount of $34,005 was needed to reduce Title III C federal expenditures to agree the SEFA to the supporting expenditure detail. This deficiency is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Accordingly, we consider this matter to be a significant deficiency. In conjunction with our FY2024 single audit, please see the ASI’s corrective action plan below: Management concurs with the finding. Management will implement procedures to reconcile grant expenditure detail to the general ledger, SEFA, and transmittal reports by program and Assistance Listing number prior to submission for audit. The reconciliation will be reviewed and approved by management, and any variances will be investigated and corrected timely Expected completion date: 6/30/2026

Categories

Reporting

Other Findings in this Audit

  • 1228390 2024-001
    Material Weakness Repeat
  • 1228391 2024-001
    Material Weakness Repeat
  • 1228392 2024-001
    Material Weakness Repeat
  • 1228394 2024-002
    Material Weakness Repeat
  • 1228395 2024-002
    Material Weakness Repeat
  • 1228396 2024-002
    Material Weakness Repeat
  • 1228397 2024-002
    Material Weakness Repeat
  • 1228398 2024-002
    Material Weakness Repeat
  • 1228399 2024-002
    Material Weakness Repeat
  • 1228400 2024-002
    Material Weakness Repeat
  • 1228401 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $65,435
93.045 SPECIAL PROGRAMS FOR THE AGING, TITLE III, PART C, NUTRITION SERVICES $57,698
93.053 NUTRITION SERVICES INCENTIVE PROGRAM $34,018
93.044 SPECIAL PROGRAMS FOR THE AGING, TITLE III, PART B, GRANTS FOR SUPPORTIVE SERVICES AND SENIOR CENTERS $7,293
93.052 NATIONAL FAMILY CAREGIVER SUPPORT, TITLE III, PART E $6,560