Finding Text
Federal Program: Assistance listing number 93.558, Temporary Assistance for Needy Families: Formula Grant, United States Department of Health and Human Services, passed through various counties and Minnesota DEED. Compliance Requirement: Allowable Costs/Cost Principles. Significant Deficiency: As discussed at Finding 2023-002, we found no one independent reviews and approves the journal entries that are created and posted by the Accounting Manager. In addition, we noted the accounting software allows for one-sided journal entries to be posted. Financial statements could be misstated due to incorrect journal entries. We recommend management review its internal controls and implement procedures to ensure all entries are independently reviewed and approved and supported by adequate supporting documentation. Questioned Costs: The results of this noncompliance did not result in any questioned costs.