Finding Text
Criteria: A complete system of internal control depends on review with respect to the execution and recording of transactions, as well as the custody of Valle del Sol, Inc. and Subsidiary?s assets. Condition: During the year ended June 30, 2022 the following conditions were identified: ? CFDA 93.224: Valle del Sol, Inc. and Subsidiary submitted and received reimbursement for an expenditure for one program within another. The error was subsequently corrected within the same fiscal year. ? CFDA 93.829: One of four cash drawdowns tested lacked supporting documentation of management?s review prior to submission. Cause: Oversight by Valle del Sol, Inc. and Subsidiary. Effect: Lack of adequate and timely review could result in cash drawdowns being materially misstated and noncompliant with the guidelines under the terms and conditions of the grant. Questioned Costs: None reported. Context/Sampling: CFDA 93.224 - A nonstatistical sample of four cash drawdowns out of 14 were selected for testing. CFDA 93.829 - A nonstatistical sample of four cash drawdowns out of 12 were selected for testing. Repeat Finding from Prior Year: No. Recommendation: Implement internal controls to ensure expenditures included in cash drawdown requests are for the program. Views of Responsible Officials: Management agrees with the finding.