Finding 585885 (2022-007)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2024-01-22

AI Summary

  • Core Issue: The organization lacks a proper internal control system for preparing the Schedule of Expenditures of Federal Awards.
  • Impacted Requirements: Financial reporting criteria are not met due to insufficient staffing and controls.
  • Recommended Follow-Up: Management should enhance awareness of financial reporting requirements and strengthen internal controls related to the Schedule.

Finding Text

U.S. Department of Health and Human Services Passed through Health Research & Educational Trust (HRET), Federal Financial Assistance Listing #93.318, 87728, Protecting and Improving Health Globally: Building and Strengthening Public Health Impact, Systems, Capacity and Security Preparation of Schedule of Expenditures of Federal Awards Material Weakness in Internal Control over Compliance Criteria: Proper controls over financial reporting include the ability to prepare the schedule of expenditures of federal awards (Schedule) and accompanying notes to the Schedule. Condition: The Organization does not have an internal control system designed to provide for the preparation of the Schedule.Cause: The Organization has limited staffing and did not have proper controls in place relating to the Schedule. Effect: There is a reasonable possibility that the Organization would not be able to draft the Schedule that is correct without the assistance of auditors. Questioned Costs: None reported. Context: Sampling was not used. Repeat Finding from Prior Years: No Recommendation: While we recognized that this condition is not unusual for an organization with limited staffing, we recommend management be aware of the financial reporting requirements relating to the Organization’s schedule of expenditures of federal awards and the internal controls that impact financial reporting. Views of Responsible Officials: Management agrees with the finding.

Categories

Reporting Material Weakness

Other Findings in this Audit

  • 9439 2022-003
    Material Weakness
  • 9440 2022-004
    Material Weakness
  • 9441 2022-005
    Material Weakness
  • 9442 2022-006
    Material Weakness
  • 9443 2022-007
    Material Weakness
  • 585881 2022-003
    Material Weakness
  • 585882 2022-004
    Material Weakness
  • 585883 2022-005
    Material Weakness
  • 585884 2022-006
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
93.318 Protecting and Improving Health Globally: Building and Strengthening Public Health Impact, Systems, Capacity and Security $1.06M