Finding Text
2023-007 U.S. Department of Education
Passed-through the Commonwealth of Massachusetts Department of
Elementary and Secondary Education
COVID-19 – Education Stabilization Fund – ALN(s) 84.425D & 84.425U
Significant Deficiency in Internal Controls over Compliance
Criteria: Per 2 CFR section 200.344(a), a subrecipient must submit to the pass-through agency, no later than 90 calendar days after the end date of the period of performance, all financial, performance and other reports as required by the terms and conditions of the Federal award.
Condition: Final financial report revenues and expenditures were overstated in the Town’s general ledger.
Cause: Reconciliations are not properly performed to Town’s general ledger.
Effect: The Town’s general ledger balances do not properly reflect federal grant balances. The reporting submitted to the pass-through agency was deemed to be accurate.
Questioned Costs: None
Repeat Finding from Prior Year: No
Recommendation: The School should reconcile the final financial reports to the Town’s general ledger prior to submission.
Views of Responsible Official: Management agrees with the finding.