Finding 392392 (2022-001)

Significant Deficiency Repeat Finding
Requirement
BC
Questioned Costs
-
Year
2022
Accepted
2024-04-05
Audit: 302735
Organization: Ozarks Regional YMCA (MO)
Auditor: Kpm CPAS PC

AI Summary

  • Core Issue: Ozarks Regional YMCA lacks written procedures for cash management and allowable costs, violating Uniform Guidance requirements.
  • Impacted Requirements: Non-compliance with 2 CFR 200.302(b)(6) and 2 CFR 200.302(b)(7) puts the organization at risk for improper transactions.
  • Recommended Follow-Up: Draft and adopt necessary written procedures; management plans to have these approved by the board in Q2 2024.

Finding Text

2022-001 Written Uniform Guidance Policies and Procedures Federal Program: Department of Health and Human Services Federal Assistance Listing 93.575 - Child Care and Development Block Grant Criteria: Uniform Guidance requires written procedures for cash management and determining the allowability of costs in accordance with Subpart E - Cost Principles. Condition: Ozarks Regional YMCA did not have written procedures for cash management (2 CFR 200.302(b)(6)) and allowable costs determination (2 CFR 200.302(b)(7)) in accordance with Uniform Guidance requirements. Questioned Costs: $0 Cause: Ozarks Regional YMCA's written policies and procedures were not updated to include required Uniform Guidance policies. Indentification of a Repeat Finding: This is a repeat finding from the immediate previous audit, 2021-001. Effect: Employees of Ozarks Regional YMCA could enter into a transactions that is not in compliance with Uniform Guidance requirements. Recommendation: We recommend Ozarks Regional YMCA draft and adopt written procedures in accordance with Uniform Guidance requirements. View of Responsible Officials and Planned Corrective Action: Management agrees with the finding and is in process of developing and implementing the appropriate policies and procedures. The board of directors will vote to approve the policies during the second quarter of 2024.

Corrective Action Plan

Recommendation: We recommend Ozarks Regional YMCA draft and adopt written procedures in accordance with Uniform Guidance requirements. View of Responsible Officials and Planned Corrective Action: Management agrees with the finding and is in process of developing and implementing the appropriate policies and procedures. The board of directors will vote to approve the policies during the second quarter of 2024.

Categories

Allowable Costs / Cost Principles Cash Management

Other Findings in this Audit

  • 968834 2022-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.575 Child Care and Development Block Grant $1.66M
10.558 Child and Adult Care Food Program $220,963
84.287 Twenty-First Century Community Learning Centers $113,412
10.559 Summer Food Service Program for Children $67,809
93.558 Temporary Assistance for Needy Families $2,730