Finding Text
2022-002 ? Report Reconciliation Finding Type. Immaterial Noncompliance / Significant Deficiency in Internal Control over Compliance (Reporting). Program. Coronavirus State and Local Fiscal Recovery Funds (SLFRF); U.S. Department of Treasury; Assistance Listing Number 21.027. Criteria. As part of annual reporting requirements, grantees are expected to report current period costs that either agree or can be reconciled to the amount reported on the schedule of expenditures of federal awards (SEFA) and the grantee's accounting records. Condition. Annual reporting reviewed was neither in agreement, nor could be reconciled to, the amounts reported on the SEFA or the County's general ledger. Cause. There appears to be a lack of understanding of the proper reporting requirements related to current period cost reporting. Effect. The County is exposed to an increased risk that future noncompliance could occur and not be prevented or detected by the County's internal controls. Questioned Costs. No costs were required to be questioned as a result of this finding inasmuch as our testing did not reveal any unallowed costs. Recommendation. We recommend that the County implement necessary internal controls to ensure reporting agrees or can be reconciled to the accounting records and the SEFA. View of Responsible Officials. We concur with the audit assessment regarding this matter. The State and Local Fiscal Recovery Funds program has been modified after money was allocated. The reporting instructions for claiming revenue loss provisions have been unclear.