Finding Text
Child Care Development Fund, California Department of Education Federal Assistance listing #93.575/93.596 Contract Nos. CMAP-0000 and CMAP-1000. Condition: The Organization failed to provide supporting documentation to substantiate $16,215 of waived family fee revenue reported on the close-out financial report under contract CMAP-0000 and $79,200 of waived family fee revenue reported on December 2021 financial report under contract CMAP-1000. Criteria: Per the CMAP-0000 and CMAP-1000 grant agreements administered by the California Department of Social Services, the Organization is required to accurately report financial activity. Cause: Lack of training and lack of enforcement over the Organization?s Accounting and Financial Policies and Procedures Manual requiring document retention. Effect: Failure to accurately report financial information may result in a reduction or loss of future funding. Recommendation: Management should maintain appropriate audit evidence to substantiate amounts reported. Additionally, management should perform an internal review over the programs to verify that the policies and procedures set forth in the Accounting and Financial Policies and Procedures Manual are being adhered to.