Finding 391985 (2023-002)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-04-01

AI Summary

  • Core Issue: There is a discrepancy of approximately $1,768,704 between reported revenues and actual accounting records for the Provider Relief Fund.
  • Impacted Requirements: The entity failed to maintain effective internal controls as required by 2 CFR 200.303, affecting revenue reporting accuracy.
  • Recommended Follow-up: Management should revise controls to ensure reported revenues align with underlying accounting records.

Finding Text

Finding #2023-002 Program Information Federal Program: Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution ALN: 93.498 Federal Agency: United States Department of Health and Human Services Pass-through entity: None Criteria Under the requirements of 2 CFR 200.303 the entity must establish and maintain effective internal controls over federal awards that provides reasonable assurance that the entity is in compliance with federal statues, regulation, and terms and conditions of the Federal award. Under the requirements of the PRF program reporting for an entity that uses option 1 to calculate lost revenues, the entity must report quarterly actual revenue/net charges from patient care. Condition For ALN 93.498, the actual total revenues for the quarter ended June 30, 2023 reported on the PRF period 5 submission do not agree to underlying accounting records for fiscal year ended June 30, 2023 by approximately $1,768,704. This difference affects the amount of revenues reported but does not affect other data within the report, including the amount of PRF funds received that were utilized. Cause The related control in not designed with sufficient precision to ensure actual quarterly total revenues reported agree to underlying accounting records. Effect The amount reported for the actual total revenues for the quarter ended June 30, 2023 on the PRF period 5 submission does not agree to underlying records by approximately $1,768,704. Questioned Costs None Sample Statistically Valid The sample was not intended to be, and was not, a statistically valid sample. Repeat Finding No Recommendation We recommend that management revise their control to ensure that reported actual quarterly total revenues agree to underlying accounting records. Views of Responsible Officials Management of the Association agrees with the findings contained herein.

Corrective Action Plan

Finding: For ALN 93.498, The actual total revenues for the quarter ended June 30, 2023 reported on the PRF period 5 submission do not agree to underlying accounting records for fiscal year ended June 30, 2023 by approximately $1,768,704. This difference affects the amount of revenues reported but does not affect other data within the report, including the amount of PRF funds received that were utilized. Recommendation: Under the requirements of 2 CFR 200.303 the entity must establish and maintain effective internal controls over federal awards that provides reasonable assurance that the entity is in compliance with federal statues, regulation, and terms and conditions of the Federal award. Under the requirements of the PRF program reporting for an entity that uses option 1 to calculate lost revenues, the entity must report quarterly actual revenue/net charges from patient care. Corrective Action: In order to ensure that total revenues (by quarter) agree to the underlying accounting records a customized accounting system report will be developed to accurately report total revenues/net charges from patient care by quarter. A reconciliation will be performed to ensure that revenues reported agree with amounts reflected in the Association’s general ledger. Person Responsible for Corrective Action: David Sunstrom, Controller Anticipated Completion Date for Corrective Action: The Corrective Action will be implemented by June 30, 2024.

Categories

Subrecipient Monitoring Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 968427 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
93.498 Provider Relief Fund $3.53M