Finding 396250 (2021-004)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2021
Accepted
2024-05-09
Audit: 305901
Organization: Pierre Indian Learning Center (SD)
Auditor: Redw

AI Summary

  • Core Issue: The School failed to submit its fiscal year 2021 single audit reporting package on time, violating compliance requirements.
  • Impacted Requirements: This issue relates to the Uniform Guidance 2 CFR 200.512(a), which mandates submission within 30 days of the auditor's report or 9 months after the fiscal year ends.
  • Recommended Follow-Up: The School should implement better internal controls to ensure timely reconciliation of financial records and conduct audits promptly to meet submission deadlines.

Finding Text

Federal program information: Funding agency: Department of Interior and Department of Education Passed through the Bureau of Indian Education (BIE) Title: Indian School Equalization Program (ISEP) Education Stabilization Fund (ESF) CFDA number: 15.042 and 84.425 Award number: All major program award numbers Award period: All major program periods Criteria: The Uniform Guidance 2 CFR 200.512(a) requires the audit package and data collection form be submitted 30 days after receipt of the auditor’s report or 9 months after the end of the fiscal year, whichever comes first. Condition: The School’s fiscal year 2021 single audit reporting package was not submitted within nine months after the end of the audit period. Questioned Costs: N/A Cause: The School did not have appropriate internal control policies and procedures in place to ensure accounting records and financial statements were reconciled timely and the audit conducted to meet compliance requirements. Effect: The single audit reporting package was submitted after the required reporting time period. Auditor’s Recommendations: To ensure compliance with the Uniform Guidance, the School should prepare accurate, complete, and timely financial statements and ensure an audit is performed to ensure the timely submission of the single audit reporting package.

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 396248 2021-003
    Material Weakness Repeat
  • 396249 2021-004
    Material Weakness
  • 972690 2021-003
    Material Weakness Repeat
  • 972691 2021-004
    Material Weakness
  • 972692 2021-004
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
15.042 Indian School Equalization Program $2.64M
84.425 Education Stabilization Fund $893,369
15.046 Administrative Cost Grants for Indian Schools $621,276
84.027 Special Education_grants to States $585,683
15.047 Indian Education Facilities, Operations, and Maintenance $580,401
84.010 Title I Grants to Local Educational Agencies $476,846
93.441 Indian Self-Determination $193,665
10.555 National School Lunch Program $71,374
10.553 School Breakfast Program $41,950
84.336 Teacher Quality Partnership Grants $41,700
15.151 Education Program Enhancements $38,059
15.149 Focus on Student Achievement Project $22,801