Finding 403821 (2022-006)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2024-06-28

AI Summary

  • Core Issue: The Schedule of Expenditures of Federal Awards (SEFA) lacks proper support and completeness, leading to potential inaccuracies in reported federal expenditures.
  • Impacted Requirements: Compliance with 45 CFR 75.302(b) is not met, as the financial management system fails to adequately identify and document federal awards and expenditures.
  • Recommended Follow-Up: Implement a tracking system for revenues and expenses by source and establish a robust record-keeping system for grant documentation to ensure accurate SEFA preparation.

Finding Text

#2022-006 – Material Weakness – Reporting – Schedule of Expenditures of Federal Awards Opioid STR Grant ALN 93.788 Block Grants for Prevention and Treatment of Substance Abuse 93.959 Criteria The Office of Management and Budget issuance of the Code of Federal Regulations (CFR) specifically states uniform administrative requirements, cost principles, and audit requirements for federal awards. In accordance with 45 CFR 75.302(b) “The financial management system of each non-Federal entity must provide for the following: (1) Identification, in its accounts, of all Federal awards received and expended and the Federal programs under which they were received. Federal program and Federal award identification must include, as applicable, the ALN title and number, Federal award identification number and year, name of the HHS awarding agency, and name of the pass-through entity, if any. **** (3) Records that identify adequately the source and application of funds for federally-funded activities. These records must contain information pertaining to Federal awards, authorizations, obligations, unobligated balances, assets, expenditures, income and interest and be supported by source documentation.” Condition The Organization designated an individual responsible to oversee Hamilton and Musser, PC’s preparation of the SEFA. The Organization has assumed responsibility for evaluating the completeness and accuracy of the SEFA. The expenses reported on the Schedule of Expenditure of Federal Awards (SEFA) are not properly supported by the Organization’s accounting records and supporting source documentation. Additionally, the SEFA does not necessarily include all Federal awards and expenditures of the Organization for the year ended December 31, 2022. Cause The Organization was unable to provide supporting documentation for all grants received and expenses charged to grants for the year ended December 31, 2022. Effect The effect of not maintaining proper documentation and providing a complete and accurate SEFA is the potential for under or over-reported amounts to the granting agencies. Questioned Costs None **** - Citations not pertinent to this finding. Perspective Information Summaries of the expenditures reported on the reports filed with the granting agencies were compared to total expenses recorded in the Organizations accounting records and to the grant agreements. Identification as a repeat finding A similar issue was noted in prior year finding #2021-006. Recommendation We recommend that the Organization begin to track revenues and expenses in the accounting system by source. The Organization should also develop a record keeping system to properly maintain grant documentation (agreements, receipts, invoices, etc.). This will provide more accurate data for the preparation and reconciliation of the SEFA.

Corrective Action Plan

To better prepare for the SEFA, JFT has started organizing and tracking revenues and expenses in the accounting system by source. As stated earlier there have been checks and balances put into place through existing and new policies. This has been done with the above listed assigning and hiring of extra staff for the fiscal department, QuickBooks, hiring of the accountants from Gift CPAs, a new filing system, a receipt machine and the new policies that will be in the newly created fiscal manual that is being worked on currently and was completed by July 1, 2023.

Categories

Reporting

Other Findings in this Audit

  • 403816 2022-001
    Material Weakness Repeat
  • 403817 2022-002
    Material Weakness Repeat
  • 403818 2022-003
    Material Weakness Repeat
  • 403819 2022-004
    Material Weakness Repeat
  • 403820 2022-005
    Material Weakness Repeat
  • 403822 2022-007
    Significant Deficiency Repeat
  • 403823 2022-001
    Material Weakness Repeat
  • 403824 2022-002
    Material Weakness Repeat
  • 403825 2022-003
    Material Weakness Repeat
  • 403826 2022-004
    Material Weakness Repeat
  • 403827 2022-005
    Material Weakness Repeat
  • 403828 2022-006
    Material Weakness Repeat
  • 403829 2022-007
    Significant Deficiency Repeat
  • 980258 2022-001
    Material Weakness Repeat
  • 980259 2022-002
    Material Weakness Repeat
  • 980260 2022-003
    Material Weakness Repeat
  • 980261 2022-004
    Material Weakness Repeat
  • 980262 2022-005
    Material Weakness Repeat
  • 980263 2022-006
    Material Weakness Repeat
  • 980264 2022-007
    Significant Deficiency Repeat
  • 980265 2022-001
    Material Weakness Repeat
  • 980266 2022-002
    Material Weakness Repeat
  • 980267 2022-003
    Material Weakness Repeat
  • 980268 2022-004
    Material Weakness Repeat
  • 980269 2022-005
    Material Weakness Repeat
  • 980270 2022-006
    Material Weakness Repeat
  • 980271 2022-007
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.788 Opioid Str $1.16M
93.959 Block Grants for Prevention and Treatment of Substance Abuse $615,643