Finding 502365 (2023-001)

Significant Deficiency
Requirement
A
Questioned Costs
-
Year
2023
Accepted
2024-10-10
Audit: 324398
Organization: Summer Scholars (CO)

AI Summary

  • Core Issue: Time and effort records for staff salaries did not match external time-keeping records, leading to unsupported reimbursements.
  • Impacted Requirements: Compliance with 2 CFR 200 and U.S. Department of Education guidelines on maintaining accurate time and effort distribution records.
  • Recommended Follow-Up: Implement consistent review procedures for payroll entries, ensuring reconciliation with third-party time-keeping data before recording expenses.

Finding Text

Finding 2023-001: U.S. Department of Education, passed through the Colorado Department of Education, Twenty-First Century Community Leaming Centers - Assistance Listing No. 84.287. Criteria: 2 CFR 200 (Uniform Guidance) and the Cross-Cutting Section of the U.S. Department of Education as contained in the OMB Compliance Supplement requires the maintenance of time and effort distribution records that support the portion of time and effort dedicated to each program or other cost objective supported by federal funds or other revenue sources. Condition: Time and effort distribution contained within the accounting records did not agree to underlying, external time-keeping support. Effect: Reimbursement was received for costs incurred and claimed for administrative, program and site staff salaries that was not adequately supported by time and effort records. Questioned Costs: None. Context: Cause: During our compliance testing of allowable costs/cost principles, we selected 28 separate in<livi<luals pai<l <luring two separate months (4 separate pay periods) <luring the year ended July 31, 2023, whose salaries were allocated and charged as a qualifying grant expenditures for the periods selected. The salary expense recorded in the accounting system and accounting records for 26 of the 28 individuals selected did not agree to the separately examined external time-keeping/time records for the same period for which the individuals indicated and recorded time to the grant. As a result of management turnover near year-end, the Organization was unable to retrieve or reconcile time and effort records directly to or from the underlying payroll data and grant draw/reimbursement requests/claims for the payroll periods and individuals paid and included within our selections. The accounting records capturing the salaries expense did not agree to the time records and salary authorizations maintained. Recommendation: We recommend that the Organization implement additional review procedures over each manul journal entry recorded to expense and allocate payroll during each pay period. The data should be compared and reconciled directly from the third-party payroll and time keeping service prior to recording the journal entry accounting for the expense within the accounting system. This will ensure accuracy by individual and location against the actual payroll paid and time records kept. This review should be performed consistently throughout the fiscal year and again at year-end. Response: The Organization understands the recommendation. We have established a second level of review ensuring all payroll data is reconciled by a third-party accounting firm. This firm is currently working with the Organization staff accountant to ensure all reconciliations are timely and accurate. We will utilize the third-party accounting firm through the end of the second quarter, at which point the responsibility will be passed to the director of finance. This regular review will be a review of time keeping and expense allocation and the general ledger in the accounting system prior to recording any payroll related entries. Review will also be performed on a monthly basis and at year-end by the Senior Director of Programs and the CEO.

Corrective Action Plan

The Organization understands the recommendation. We have established a second level of review ensuring all payroll data is reconciled by a third-party accounting firm. This firm is currently working with the Organization staff accountant to ensure all reconciliations are timely and accurate. We will utilize the third-party accounting firm through the end of the second quarter, at which point the responsibility will be passed to the director of finance. This regular review will be a review of time keeping and expense allocation and the general ledger in the accounting system prior to recording any payroll related entries. Review will also be performed on a monthly basis and at year-end by the Senior Director of Programs and the CEO.

Categories

Allowable Costs / Cost Principles

Other Findings in this Audit

  • 1078807 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.287 Twenty-First Century Community Learning Centers $994,624
93.575 Child Care and Development Block Grant $577,947
84.425 Education Stabilization Fund $32,603