Finding Text
Finding 2022-2 - Significant deficiency in internal control over financial reporting/compliance ? submission of duplicate charges. Condition - MSMA submitted and was reimbursed for duplicate charges totaling $37,030 during 2022. Criteria or Specific Requirement - The Uniform Guidance Section 200.303 requires non-Federal entities to establish and maintain effective internal control over the Federal awards that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations and the terms and conditions of the Federal award. Effect - The lack of sufficient processes and internal controls puts MSMA at risk for misstatement due to error or fraud. In addition, this increases the risk of inaccurate reporting to federal government granting agencies. Recommendation - MSMA should ensure that appropriate controls are in place for review of submissions to prevent duplication of submissions. Management Response - Management agrees with the finding and will ensure additional review procedures are in place.