Finding 390301 (2022-002)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2024-03-29
Audit: 301160
Organization: Unitrans (CA)

AI Summary

  • Core Issue: The Schedule of Expenditures of Federal Awards (SEFA) had significant revisions during the audit, indicating a lack of internal controls.
  • Impacted Requirements: Compliance with reporting standards under the Uniform Guidance is at risk, potentially leading to inaccurate federal reporting.
  • Recommended Follow-Up: Implement additional review procedures to ensure SEFA accuracy and completeness before the start of the single audit.

Finding Text

Finding 2022-002: Significant Deficiency – Schedule of Expenditures of Federal Awards (SEFA). Assistance Listing: 20.507 and 20.526, Federal Transit Cluster Federal Grantor: U.S. Department of Transportation, Federal Transit Formula Grants Passed-through: The City of Davis Pass-through Grantor’s No.: CA-2019-107 Compliance Requirement: Reporting Condition: Expenditures reported on the Schedule of Expenditures of Federal Awards (SEFA) were revised during the single audit. Criteria: Internal controls should be in place that provide reasonable assurance that the SEFA is complete and accurate. Cause: The SEFA was not finalized until after the single audit began. This is an ongoing issue from prior years as we noted changes to amounts previously reported on SEFAs as well. Most of the revisions in the current year were due to Finding 2022-001, as there were additional eligible expenses found during the audit due to lack of internal control over closing procedures. Effect: The expenses included on the SEFA were revised during the single audit, which could have resulted in the auditor not selecting the correct expenses for testing and could have resulted in the single audit not satisfying the requirements of the Uniform Guidance. Amounts reported to the Federal Clearinghouse each year may not be accurate. Context: $237,177 of expenses were added to the SEFA after the single audit began. Recommendation: We recommend additional review procedures be implemented to ensure the expenditures reported on the SEFA are complete and accurate when the single audit begins. View of Responsible Official and Planned Corrective Action: See the Corrective Action Plan attached.

Corrective Action Plan

Finding 2022-002: Significant Deficiency- Schedule of Expenditures of Federal Awards (SEFA). Assistance Listing: 20.507 and 20.526, Federal Transit Cluster Federal Grantor: U.S. Department of Transportation, Federal Transit Formula Grants Passed-through: The City of Davis Pass-through Grantor's No.: CA-2019-107 Compliance Requirement: Reporting Condition: Expenditures reported on the Schedule of Expenditures of Federal Awards (SEFA) were revised during the single audit. Criteria: Internal controls should be in place that provide reasonable assurance that the SEFA is complete and accurate. Cause: The SEFA was not finalized until after the single audit began. This is an ongoing issue from prior years as we noted changes to amounts previously reported on SEFAs as well. Most of the revisions in the current year were due to Finding 2022-001, as there were additional eligible expenses found during the audit due to lack of internal control over closing procedures. Effect: The expenses included on the SEFA were revised during the single audit, which could have resulted in the auditor not selecting the correct expenses for testing and could have resulted in the single audit not satisfying the requirements of the Uniform Guidance. Amounts reported to the Federal Clearinghouse each year may not be accurate. Context: $237,177 of expenses were added to the SEFA after the single audit began. Recommendation: We recommend additional review procedures be implemented to ensure the expenditures reported on the SEFA are complete and accurate when the single audit begins. Corrective Action: ASUCD-Unitrans accepts the recommendation as stated. ASUCD-Unitrans notes that this is a repeat finding from the prior fiscal year (Finding 2020-002 and 2021- 002). For the current year, Unitrans staff completed a full reconciliation of prior year federal expenditures, comparing expenditures and accruals on prior year capital projects to grant receivables and grant receipts to verify the accuracy of SEFA data at fiscal year-end. However, various adjustments were made to Unitrans’ trial balance that required subsequent adjustments to the SEFA as well (see Finding 2022-001). Unitrans believes that the complete resolution to this finding is tied to the University’s transition to Aggie Enterprise and the establishment of a complete, self-balancing chart of accounts, which should reduce the need for adjustments and result in a more streamlined process for developing the year-end trial balance and accompanying financial reports. The go-live date for Aggie Enterprise has been delayed to January 2, 2024, which will delay Unitrans’ ability to resolve these outstanding issues. Person Responsible: Teri Sheets, Assistant General Manager-Administration; tmsheets@ucdavis.edu Timeframe for Completion: Because the University’s system conversion is not expected to go live until January 2024, we expect to resolve this and prior-year findings in the fiscal year starting July 1, 2024.

Categories

Reporting

Other Findings in this Audit

  • 390302 2022-001
    Material Weakness Repeat
  • 966743 2022-002
    Significant Deficiency Repeat
  • 966744 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
20.507 Federal Transit_formula Grants $2.83M
20.526 Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs $497,461