Finding 382748 (2023-002)

Finding: 2023-002 Federal Agency: U.S Department of Treasury Pass Through Agency: Puerto Rico Department of Treasury Federal Program Title: Coronavirus State and Local Fiscal Recovery Funds CFDA Number: 21.027 Compliance Requirement: Reporting Type of Finding: Noncompliance and Significant Deficiency Responsible Official: Verónica Hernández, Finance Director Condition During our audit, as part of our procedures we requested reports submitted and compare the expenditures per report with accounting records for fair presentation. We noted that reports contain certain differences when compared with accounting records. Criteria In accordance with applicable reporting requirements, they had to submitted a report name Project and Expenditure Report depend of the fund approved they had to submitted quarterly or annually. Cause The Municipality did include all the expenditures in this report. Effect The Municipality is in noncompliance with the applicable reporting requirements. Recommendation The Municipality must verify the expenses with the accounting system before submission of reports and determine whether the information in the system is complete and accurate. Questioned Costs None