Finding 607162 (2022-012)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-07-18
Audit: 26690
Organization: Civica Nevada (NV)
Auditor: Eide Bailly LLP

AI Summary

  • Core Issue: The School inaccurately reported federal expenditures on the Schedule of Expenditures of Federal Awards (SEFA), overstating them by $36,186.
  • Impacted Requirements: Compliance with Title 2 Code of Federal Regulations Part 200, which mandates accurate preparation of the SEFA.
  • Recommended Follow-Up: Improve internal controls to ensure proper review of journal entries related to federal program expenses and accurate reporting on the SEFA.

Finding Text

2022-012: U.S. Department of Education Passed through Opportunity 180 Charter Schools, 84.282 Other Material Weakness in Internal Control over Compliance Grant Award Number: Affects all grant awards included under assistance listing 84.282 on the Schedule of Expenditures of Federal Awards. Criteria: Title 2 Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requires the School to prepare a Schedule of Expenditures of Federal Awards (SEFA). Condition: Amounts were originally reported incorrectly on the SEFA. Cause: The School did not have adequate internal controls to provide for the review of journal entries that allocate expenses to federal programs or the SEFA to ensure total federal expenditures were appropriately reported on the SEFA. Effect: Prior to correction, total expenditures reported under the program were overstated by $36,186 as they included costs from the prior period. Questioned Costs: None noted Context/Sampling: No sampling was used; all program expenditures on the SEFA were reconciled to supporting records. Repeat Finding from Prior Year: No Recommendation: We recommend the School enhance internal controls to provide for the review of journal entries that allocate expenses to federal programs and the SEFA to ensure total federal expenditures are appropriately reported on the SEFA. Views of Responsible Officials: Management agrees with this finding.

Categories

Reporting Allowable Costs / Cost Principles Material Weakness

Other Findings in this Audit

  • 30718 2022-010
    Material Weakness
  • 30719 2022-011
    Material Weakness
  • 30720 2022-012
    Material Weakness
  • 607160 2022-010
    Material Weakness
  • 607161 2022-011
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.282 Charter Schools $671,320
10.555 National School Lunch Program $237,559
84.010 Title I Grants to Local Educational Agencies $69,173
10.553 School Breakfast Program $56,142
84.367 Improving Teacher Quality State Grants $14,808
84.365 English Language Acquisition State Grants $8,663
84.425 Education Stabilization Fund $6,199
84.027 Special Education_grants to States $5,196