Finding 370137 (2021-211)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2021
Accepted
2024-02-22
Audit: 291661
Organization: Cheder Toras Zev (NJ)

AI Summary

  • Issue: The School missed the May 31, 2022 deadline for submitting its audit report.
  • Impact: This delay was primarily due to challenges posed by the Covid-19 pandemic, but the overall effects are considered minimal.
  • Next Steps: Organize all audit documentation to ensure timely completion and submission of future audits.

Finding Text

Condition: The School did not submit its audit in a timely manner. Criteria: The audit report was due to be received by the State of New Jersey no later than May 31, 2022. As a result, the audit was not submitted timely. Cause: Due to the Covid-19 pandemic, the School was unable to complete its annual audit in a timely manner. Effect of Finding: The effects of this noncompliance are minimal. Recommendation: To maintain all documentation that will be required for the audit in an organized manner in order to enable the auditor to complete the audit in a timely manner. View of Responsible Party and Planned Corrective Action: The administrator and staff will work on ensuring that all audit documentation is organized in a way that will allow all future audits to be submitted in a timely manner.

Corrective Action Plan

Finding 21-1: The audit report was received by the State of New Jersey after the due date of May 31, 2022. Recommendation: To maintain all documentation that will be required for the audit in an organized manner in order to enable the auditor to complete the audit in a timely manner. Action Taken: Since being made aware of the issue, the administrator and his staff updated their system for storing audit documentation which will help the auditor receive all the necessary information in enough time to complete the audit in a timely manner. Implementation Date: Corrective Action Plan has been implemented as of January 24, 2024. Person Responsible for Implementation: Chaim Eidelman, the Administrator, is the responsible party for implementation of the CAP. Telephone Number: (732)901-5060

Categories

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Other Findings in this Audit

  • 946579 2021-211
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
10.553 School Breakfast Program $1.62M
10.555 National School Lunch Program $17,481