FAC Explorer

Finding 31116 (2022-001)

Material Weakness
Requirement
ABFIN
Questioned Costs
-
Year
2022
Accepted
2023-08-16
Audit: 26704
Organization: Massena Independent Living Center INC (NY)
Auditor: John Parcell IV CPA Cfe

AI Summary

  • Answer: Governance did not review management's risk assessments.
  • Trend: This lack of review affects oversight of internal controls.
  • List: Recommend establishing a regular review process for risk assessments by governance.

Finding Text

While documenting the internal controls, it was noted that those charged with governance did not review the risk assessments identified by management and therefore were not able to provide proper oversight of the internal control system.

Corrective Action Plan

When management performs the risk assessment process , management will share that with the Board for approval

Categories

Internal Control / Segregation of Duties Subrecipient Monitoring

Other Findings in this Audit

  • 31117 2022-001
    Material Weakness
  • 607558 2022-001
    Material Weakness
  • 607559 2022-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.231 Emergency Solutions Grant Program $475,482
14.231 Solutions to End Homlessness Program $387,823
93.778 Medical Assistance Program $68,775
93.767 Children's Health Insurance Program $5,242