FAC Explorer

Finding 404704 (2023-001)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
-
Year
2023
Accepted
2024-06-28
Audit: 311087
Organization: Iliamna Village Council (AK)
Auditor: Brad Cage CPA

AI Summary

  • Core Issue: Management lacks written internal control procedures for determining allowable costs.
  • Impacted Requirements: This violates 2 CFR 200.302(b)(7), which mandates written procedures for cost allowability.
  • Recommended Follow-up: Develop and implement written procedures to address this repeat finding and ensure compliance.

Finding Text

MANAGEMENT DID NOT HAVE WRITTEN INTERNAL CONTROL PROCEDURES FOR DETERMINING ALLOWABLE COSTS. 2 CFR 200 SUBPART 3, SECTION 200.302(B)(7) REQUIRES WRITTEN PROCEDURES FOR DETERMINING THE ALLOWABILITY OF COSTS IN ACCORDANCE WITH SUBPART E - COST PRINCIPLES OF THIS PART AND THE TERMS AND CONDITIONS OF THE FEDERAL AWARD. NO QUESTIONED COSTS. CAUSE IS THE LACK OF WRITTEN CONTROLS TO IDENTIFY ALLOWABLE COSTS AND SPECIAL TESTS AND PROVISIONS. THIS WAS A REPEAT FINDING. IT WAS PREVIOUSLY NOTED AS FINDING 2022-002

Corrective Action Plan

MANAGEMENT WILL WORK WITH THEIR CONSULTANT AND DEVELOP WRITTEN POLICIES AND PROCEDURES OVER THEIR FEDERAL AWARDS IN ACCORDANCE WITH THE REQUIREMENTS OF THE UNIFORM GUIDANCE

Categories

Allowable Costs / Cost Principles Special Tests & Provisions

Other Findings in this Audit

  • 404705 2023-001
    Material Weakness Repeat
  • 981146 2023-001
    Material Weakness Repeat
  • 981147 2023-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
20.205 Highway Planning and Construction $1.80M
21.027 Coronavirus State and Local Fiscal Recovery Funds $678,050
20.509 Formula Grants for Rural Areas and Tribal Transit Program $166,499
16.841 Voca Tribal Victim Services Set-Aside Program $71,762
66.926 Indian Environmental General Assistance Program (gap) $63,045
15.021 Consolidated Tribal Government Program $39,277
16.608 Tribal Court Assistance Program $28,430
14.867 Indian Housing Block Grants $13,187
15.144 Indian Child Welfare Act_title II Grants $6,110
21.032 Latcf $1,388
15.156 Cooperative Landscape Conservation $622