FAC Explorer

Finding 21901 (2022-001)

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Requirement
C
Questioned Costs
-
Year
2022
Accepted
2023-09-06
Audit: 24913
Organization: Buccaneer Commission, Inc. (TX)
Auditor: Ernest R Garza & Company PC

AI Summary

  • Issue: The Commission failed to code grant funds separately by fund.
  • Requirement: Proper coding is necessary for accurate accounting of transactions.
  • Follow-up: Ensure future grants are coded correctly to avoid similar issues.

Finding Text

Finding 2022-001 Federal Program Identification: Shuttered Venue Operators Grant. Condition: The Commission did not properly code grant funds separately by fund. Criteria: The Commission should code grant funds separately by fund in order to properly and accurately account for its transactions. Cause: The Commission did not code grant separately by fund and did not code with separate accounts to differentiate the grant. Questioned Costs: None

Corrective Action Plan

Corrective Action Plan - 2022-001 The Commission will obtain proper stafftraining related to grant management in order to ensure compliance with laws and regulations related to federal grant awards. Corrective Action Plan - 2022-002 The Commission will enhance the personnel training to ensure the fixed assets are timely recorded on the ledgers.

Categories

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Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
59.075 Shuttered Venue Operators Grant Program $1.43M