Finding 537641 (2023-002)

Significant Deficiency
Requirement
AI
Questioned Costs
-
Year
2023
Accepted
2025-03-27

AI Summary

  • Core Issue: Significant deficiencies in internal controls over vendor expense approvals for federal grants.
  • Impacted Requirements: Missing documentation for 55 out of 60 vendor transactions, violating record-keeping criteria.
  • Recommended Follow-Up: Ensure all future expenditures have proper approvals documented and retained, with a focus on maintaining compliance.

Finding Text

Federal Agency: U.S. Department of Education Award Name: Charter Schools Program Year: 2023 Assistance Listing Number: 84.282 Compliance: Activities Allowed and Unallowed and ProcurementFinding Type: Significant deficiency in internal controls and on internal controls over compliance. Criteria: Management is responsible for maintaining adequate records for vendor transactions charged to federal awards that accurately reflect expenses. These records must include an invoice with a signature from a knowledgeable and authorized individual approving the expense. Condition: During control and compliance testing, it was noted that approvals for vendor expenses charged to the federal award were not retained. Context: Of the 60 occurrences tested, 55 were missing any type of approval support. Cause of condition: The School received a large, one-time, federal grant in the current year. Prior to this the School rarely received any large dollar federal grants. The internal control of the School functions such that staff fill out an online request form which was sent to the head of school for review. She then sent the request to the (former) business manager to make the purchase. The sent approval was not retained. Effect of condition: As a result of this condition, the School’s vendor expenditures charged to the federal grant lacked adequate control and compliance documentation. Recommendation: It is recommended that the School maintain adequate records for expenditures charged to federal awards, such as an invoice with clear approval and documentation that the expense should be appropriately charged to the grant. View of Responsible Officials and Planned Corrective Action: In May of 2023, the school implemented a dual approval for expenses. Expense requests are submitted in writing and signed by the Head of School. These requests are saved. There is an additional approval that happens in the payment system, BILL. Planned Implementation Date of Corrective Action: May of 2023. Person Responsible for Corrective Action: Sarah Arnold, Head of School

Corrective Action Plan

Management is responsible for maintaining adequate records for vendor transactions charged to federal awards that accurately reflect expenses. These records must include an invoice with a signature from a knowledgeable and authorized individual approving the expense. During control and compliance testing, it was noted that approvals for vendor expenses charged to the federal award were not retained. Of the 60 occurrences tested, 55 were missing any type of approval support. Statement of Concurrence or Nonconcurrence: The school agrees with the finding Corrective Action Plan In May of 2023, the school implemented a dual approval for expenses. Expense requests are submitted in writing and signed by the Head of School. These requests are saved. There is an additional approval that happens in the payment system, BILL. Project Completion Date May of 2023. This plan is completed and checked by the Head of School, Office Manager, and Financial Consultant on a regular basis. If the (Office of Policy and Management and/or NHED) has questions regarding this plan, please call Sarah Arnold at 603-374-7896.

Categories

Procurement, Suspension & Debarment Significant Deficiency

Other Findings in this Audit

  • 537640 2023-001
    Material Weakness
  • 537642 2023-003
    Significant Deficiency
  • 1114082 2023-001
    Material Weakness
  • 1114083 2023-002
    Significant Deficiency
  • 1114084 2023-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.282 Charter Schools $630,468
84.010 Title I Grants to Local Educational Agencies $91,509
21.027 Coronavirus State and Local Fiscal Recovery Funds $33,450
84.424 Student Support and Academic Enrichment Program $10,000
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $2,951