Finding 497895 (2023-001)

Material Weakness
Requirement
M
Questioned Costs
-
Year
2023
Accepted
2024-09-23

AI Summary

  • Core Issue: There is a material weakness in subrecipient monitoring due to insufficient documentation practices.
  • Impacted Requirements: The organization failed to meet the Uniform Guidance criteria for internal controls and documentation retention.
  • Recommended Follow-Up: Management should implement procedures to ensure all subrecipient monitoring documentation is properly retained.

Finding Text

Finding 2023-001: Material Weakness over Subrecipient Monitoring Information on the Federal Program: Food and Drug Administration Research, CFDA 93.103 Criteria: The Uniform Guidance requires organizations to establish internal controls to detect potential noncompliance. Condition: Management had existing controls related to subrecipient monitoring. However, these controls were not sufficiently detailed relative to the collection of audited financial statements and eligibility to receive funding. During 2023, for one subrecipient, HESI did not retain evidence of the review performed of the subrecipient’s eligibility to receive funding and did not retain evidence of the monitoring of the subrecipient’s audited financial statements. Cause: Due to a lack of policies and procedures regarding retention of documentation for subrecipient monitoring. Effect: Failed to comply with compliance supplement requirements related to subrecipient monitoring. Questioned Costs: There were no material questioned costs identified. Context: For the subrecipient chosen for testing in 2023, no evidence of monitoring the subrecipient’s eligibility to receive funding and audited financial statements was retained. Repeat Finding: No. Recommendation: We recommend that management establish procedures to ensure subrecipient monitoring requirements have appropriate supporting documentation retained. Views of Responsible Officials and Planned Corrective Action: See management's response at the Corrective Action Plan on page 30.

Corrective Action Plan

Finding 2023-001: Material Weakness over Subrecipient Monitoring and Required Filings The Uniform Guidance requires organizations to establish internal controls to detect potential noncompliance. Management had existing controls related to subrecipient monitoring. However, these controls were not sufficiently detailed relative to the collection of audited financial statements and eligibility to receive funding. During 2023, for one subrecipient, HESI did not retain evidence of the review performed of the subrecipient’s eligibility to receive funding and did not retain evidence of the monitoring of the subrecipient’s audited financial statements. Planned Corrective Action: The subrecipient’s audited financial statements and Report on Federal Awards in accordance with Uniform Guidance were subsequently requested and reviewed in September 2024. Procedures have been put in place to ensure that subrecipients are eligible to receive Federal funding and a subrecipient’s audited financial statements and compliance reports will be requested and reviewed annually. Name and Person Responsible: Beth-Ellen Berry, Chief Financial Officer Anticipated Completion Date: September 3, 2024

Categories

Subrecipient Monitoring Eligibility Material Weakness

Other Findings in this Audit

  • 497896 2023-002
    Material Weakness
  • 1074337 2023-001
    Material Weakness
  • 1074338 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
93.103 Food and Drug Administration_research $153,660