FAC Explorer

Finding 43535 (2022-004)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-02-02
Audit: 39643
Organization: Crisis Intervention Services, Inc. (IA)
Auditor: Forge Financial & Management Consulting

AI Summary

  • Core Issue: Accounts are not being reconciled monthly, risking unauthorized expenses on federal awards.
  • Impacted Requirements: Lack of timely reconciliations violates necessary financial controls.
  • Recommended Follow-Up: Implement procedures to ensure monthly account reconciliations are completed on time.

Finding Text

Finding 2022-004: As discussed at finding 2022-002, proper controls should be in place to ensure that accounts are reconciled at the end of each month. Failure to have timely reconciled accounts opens up the opportunity that expenses may be charged to federal awards without the approval or knowledge of management. Procedures should be implemented so that accounts are reconciled in a timely manner.

Corrective Action Plan

Recommendation: Internal controls should be in place that provide reasonable assurance that the financial statements are properly reconciled each month. Action Taken: Management of Crisis Intervention Services, Inc will begin to have the Board look over an approve monthly reconciliations to ensure they are reconciled properly and timely each month. Anticipated Completion Date: June 30, 2022

Categories

No categories assigned yet.

Other Findings in this Audit

  • 43536 2022-005
    Material Weakness Repeat
  • 43537 2022-004
    Material Weakness Repeat
  • 43538 2022-005
    Material Weakness Repeat
  • 43539 2022-004
    Material Weakness Repeat
  • 43540 2022-005
    Material Weakness Repeat
  • 619977 2022-004
    Material Weakness Repeat
  • 619978 2022-005
    Material Weakness Repeat
  • 619979 2022-004
    Material Weakness Repeat
  • 619980 2022-005
    Material Weakness Repeat
  • 619981 2022-004
    Material Weakness Repeat
  • 619982 2022-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
16.588 Violence Against Women Formula Grants $100,904
93.671 Family Violence Prevention and Services/domestic Violence Shelter and Supportive Services $100,736
16.575 Crime Victim Assistance $78,830