Finding 569436 (2024-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-06-30

AI Summary

  • Issue: Quarterly financial reports for some federal awards showed cash disbursements that didn't match the general ledger.
  • Trend: This discrepancy indicates a potential pattern of reporting inaccuracies in financial documentation.
  • Follow-up: Review and reconcile the general ledger with reported disbursements to ensure accuracy and compliance.

Finding Text

Total cash disbursements reported on the quarterly financial reports for certain direct federal awards were not accurately supported by the general ledger details of the particular grant.

Corrective Action Plan

Along with the procedures noted in response to finding 2024-001, NASWA has implemented the following processes to ensure that the general ledger accurately reflects approved federal grant balances after closing the general ledger each month: 1) Calculation of actual month end grant balances based on accrued expenses and unbilled expenses to date. 2) Reconciliation of ‘inception to date’ grant balances in the general ledger to the grant balances provided by external funders or the federal payment management system.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 569433 2024-001
    Significant Deficiency Repeat
  • 569434 2024-001
    Significant Deficiency Repeat
  • 569435 2024-001
    Significant Deficiency Repeat
  • 569437 2024-002
    Significant Deficiency
  • 569438 2024-002
    Significant Deficiency
  • 1145875 2024-001
    Significant Deficiency Repeat
  • 1145876 2024-001
    Significant Deficiency Repeat
  • 1145877 2024-001
    Significant Deficiency Repeat
  • 1145878 2024-002
    Significant Deficiency
  • 1145879 2024-002
    Significant Deficiency
  • 1145880 2024-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
17.225 Unemployment Insurance $1.10M
17.207 Employment Service/wagner-Peyser Funded Activities $494,054
17.281 Wioa Dislocated Worker National Reserve Technical Assistance and Training $149,105