Finding 480262 (2023-003)

Material Weakness
Requirement
AB
Questioned Costs
$1
Year
2023
Accepted
2024-08-01
Audit: 316492
Auditor: Marcum LLP

AI Summary

  • Core Issue: Multiple instances of duplicate transactions and improperly documented expenses were found in federal grant submissions.
  • Impacted Requirements: All expenditures must be properly reviewed and approved before submission, with no excess or duplicate payments.
  • Recommended Follow-Up: Implement stronger controls and oversight in the finance department to prevent future errors and ensure all expenses over a certain amount are supported by receipts and justification.

Finding Text

Finding 2023-003 – Material Weakness – Compliance Requirement Related to Activities Allowed and Allowable Costs – National Science Foundation – Social, Behavioral, and Economic Sciences (CFDA # 47.075) Department of Defense – The University of Texas Health Science Center of Houston pass through – Basic Scientific Research (CFDA # 12.431) Criteria – All expenditures charged to federal grants should be properly reviewed and approved, prior to submission to granting agencies, and paid with no excess or duplicate payments. Condition – There were multiple instances of transactions charged to grant programs either as duplicate transactions, incorrect amounts revised after date of submission to granting agency, or improperly excluded from submissions. Additionally, there were transactions that did not have sufficient appropriate audit evidence including but not limited to lack of Organizational policy, missing invoices, etc. to support such transactions as eligible expenses. These charges were not identified and corrected by the Organization prior to fiscal year-end. Cause – Due to employee staffing constraints and lack of a higher level of supervisory or review function in the finance and accounting department, the accounting records were not completed in a timely manner. Effect of Potential Effect – Improper expenses were charged and reimbursed under the grant program. Questioned Costs – Found costs include $189 and $600. The remaining balance is unknown due to significant posting closing adjustments as well as unclear documentation of such adjustments. Context – We identified these issues when reconciling the expenditure detail to the Schedule of Federal Awards. During such reconciliation, multiple adjustments to the Schedule of Federal Awards were required. Additionally, we tested 20 payroll and 20 non-payroll cash disbursements charged to the grants and identified expenditures not appropriately supported. Recommendation – The Organization should correct the excess expense recorded and ensure controls are in place to ensure incorrect reporting is not possible in the future. All expenditures in excess of a specific dollar threshold should require receipts and specific reason for allowable costs. Views of Responsible Officials – See Corrective Action Plan.

Corrective Action Plan

Management intends to be more meticulous when inputting expenses into the reporting system as well as submissions to granting agencies. Additionally, management intends to maintain supporting documentation for all grant expenses going forward.

Categories

Questioned Costs Allowable Costs / Cost Principles Material Weakness Reporting

Other Findings in this Audit

  • 480259 2023-002
    Material Weakness
  • 480260 2023-002
    Material Weakness
  • 480261 2023-002
    Material Weakness
  • 480263 2023-003
    Material Weakness
  • 480264 2023-003
    Material Weakness
  • 1056701 2023-002
    Material Weakness
  • 1056702 2023-002
    Material Weakness
  • 1056703 2023-002
    Material Weakness
  • 1056704 2023-003
    Material Weakness
  • 1056705 2023-003
    Material Weakness
  • 1056706 2023-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
47.075 Social, Behavioral, and Economic Sciences $457,097
12.431 Basic Scientific Research $298,884