Finding 22737 (2022-222)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-07-24
Audit: 19742
Organization: Nachlas Bais Yaakov INC (NJ)

AI Summary

  • Core Issue: The audit report was submitted late, missing the May 31, 2023 deadline.
  • Impacted Requirements: The School must submit audits to the State within nine months after year-end.
  • Recommended Follow-Up: The School should inform the auditor about any new funding promptly to avoid future delays.

Finding Text

Condition: The audit report was due to be received by the State of New Jersey no later than May 31, 2023. As a result, the audit was not submitted timely. Significant Deficiency Criteria: The School is required to submit an audit to the State of New Jersey no later than nine months after their yearend. Cause: The School was unsure of the type of audit required due to a new program that was received during the year. This caused the audit to be delayed. Effect of Finding: The effect of this noncompliance is minimal. Recommendation: The School should alert the auditor about new funding received during the year to give ample time to research and prepare. View of Responsible Party and Planned Corrective Action: The administrator will monitor the School?s funding that they receive throughout the year and will alert the auditor as soon as they receive funding from a new program. As such, the required corrective actions have been implemented.

Corrective Action Plan

Finding 22-2: The audit report was due to be received by the State of New Jersey no later than May 31, 2023. As a result, the audit was not submitted timely. Recommendation: The School should alert the auditor about new funding received during the year to give ample time to research and prepare. Action Taken: The administrator will monitor the School?s funding that they receive throughout the year and will alert the auditor as soon as they receive funding from a new program. As such, the required corrective actions have been implemented. Implementation Date: Corrective Action Plan has been implemented as of July 10, 2023. Person Responsible for Implementation: Chaya Apter, Food Service Director, is the responsible party for implementation of the CAP. Telephone Number: (732)994-3935.

Categories

Significant Deficiency

Other Findings in this Audit

  • 22736 2022-221
    Significant Deficiency
  • 599178 2022-221
    Significant Deficiency
  • 599179 2022-222
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
10.559 Summer Food Service Program for Children $336,092
10.553 School Breakfast Program $183,996
10.555 National School Lunch Program $13,099