Finding Text
Finding 2022-003: Payroll Records Documentation Assistance Listing Number and Title: 59.075 Shuttered Venue Operators Grant Program Federal Agency: Small Business Administration Federal Award Number: SBAHQ21SV004136 Grant Period: 7/12/2021 through 6/30/2022 Criteria Costs charged to U.S. Federal Government programs must adequately documented (CFR 200.403 (h)). Conditions Documentation of payroll expenses were not always complete, including documentation of employee payrates, timesheets, and the distribution of costs to general ledger accounts. Cause The Organization?s procedures surrounding payroll tend to be less formal than the rules of the Uniform Guidance stipulate. Effect The risk of incurring costs not allowed by federal grants is moderate. Context The fiscal year ended June 30, 2022 was the first year the Organization was required to have an audit conducted under the rules of the Uniform Guidance. Recommendation Payroll processing procedures should be strengthened.