Finding Text
Federal Program Information: Funding Agency: U. S. Small Business Administration Title: Shuttered Venue Operators Grant CFDA Number: 59.075 Federal Award Identification number SBAHQ21SV008985 Pass Through Entity: N/A Award Year: 2022 Condition: The timesheets for the Executive Director or Associate Director were not approved by the Board President for pay periods ending April 7, 2022 through present. Criteria: CFR 200.303 requires a non-Federal entity to Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in ``Standards for Internal Control in the Federal Government?? issued by the Comptroller General of the United States and the ``Internal Control Integrated Framework??, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Questioned costs: None Effect: Payroll may be charged to the grant in error without supervisory review of timesheets. Cause: The Organization is not implementing appropriate policies and procedures to establish and maintain effective internal controls under the grant to insure compliance. Auditor's Recommendation: The auditor recommends that the Organization re-evaluate their policies and procedures to ensure that internal controls are designed and implemented to ensure compliance with grant requirements. View of Responsible Officials: The Organization concurs with all of CRI?s findings and recommendations for improvement. The Organization will work to strengthen its processes as noted in the corrective action plan