Finding 45292 (2022-001)

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Requirement
C
Questioned Costs
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Year
2022
Accepted
2023-04-17

AI Summary

  • Issue: The Organization requested $1,500,000 in drawdowns but provided incomplete expenditure reports.
  • Trend: Incomplete documentation has been a recurring issue, potentially affecting financial transparency.
  • Follow-up: Ensure all future drawdown requests include complete and accurate expenditure reports for review.

Finding Text

The Organization requested three drawdowns during the fiscal year for $1,500,000. The expenditure reports provided only

Corrective Action Plan

Finding #2022-01 - The Organization requested three drawdowns during the fiscal year for $1,500,000. The expenditure reports provided only indicates $1,381,913.63 as spent. Excess drawdowns in the amount of $118,086.37 were reported as deferred revenue on the financial statements. Recommendation - The Organization develops policies, procedures and controls to ensure compliance with SAMHSA financial management requirements referenced in Title 45 in the Electronic Code of Federal Regulations (E-CFR), Part 74.21 and Part 92.20. Method of Implementation - Once developed and approved, policies related to compliance with SAMHSA Grantee Financial Management requirements will be distributed to staff. A supervisory meeting will be held with NECHN Financial departmental staff to review the policies and ensure understanding. Person Responsible for - Finance Director Michael Cortese and CFO Betty Hogan. Completion Date - April 25, 2023.

Categories

Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
93.829 Section 223 Demonstration Programs to Improve Community Mental Health Services $1.38M
59.098 Economic Injury Disaster Loan $150,000
10.558 Child and Adult Care Food Program $58,649