Finding Text
Federal Agency: U.S. Department of Health and Human Services
Federal Program Name: Older Americans Act Title III
Assistance Listing Number: 93.044, 93.045, 93.053
Federal Award Identification Number and Year: 2301MNOASS-00, 2301MNOACM-00, 2301MNOAHD-00, 2301MNOANS-00, 2101MNOAHD-00, 2101MNHDC6-00, 2101MNSSC6-00, 2201MNOAA-00, 2101MNCMC6-00, 2201MNOACM-00, 2201MNOAA-00, & 2201MNOANHD-00 - 2023
Pass-Through Agency: Minnesota Board on Aging
Award Period: January 1, 2023 – December 31, 2023
Type of Finding
Material Weakness in Internal Control over Compliance
Criteria: The Organization must have a process in place to review and approve financial reports, matching and earmarking.
Condition: While performing audit procedures, it was noted that two of the two reports selected for testing had no review or approval. These reports are also used to monitor matching and earmarking.
Questioned costs: None
Context: There were no signs of review or approval over financial reports.
Cause: The Organization has not adopted a policy related to reviewing financial reports, matching and earmarking.
Effect: This condition increases the possibility that error or irregularities may occur within financial reporting.
Repeat Finding: None
Recommendation: The Organization should review and approve reports before submitting.
Views of Responsible Officials: There is no disagreement with the audit finding. Management will implement a process to review the financial reports that are prepared by staff before submitting the report and will document that review/approval.