Finding 620390 (2022-001)

Significant Deficiency
Requirement
AB
Questioned Costs
$1
Year
2022
Accepted
2023-09-06
Audit: 51991
Auditor: Pya PC

AI Summary

  • Core Issue: The School reimbursed $329.25 for alcoholic beverages, which is against federal rules.
  • Impacted Requirements: This violates Section 2 CFR 200.423, leading to non-compliance with federal funding regulations.
  • Recommended Follow-Up: Review and adjust expenditure processes to ensure compliance with award terms and federal laws.

Finding Text

Finding 2022-001: (21.027) Unallowable Activities/Allowable Costs and Cost Principals Criteria: As specified in Section 2 CFR 200.423, General Provisions for Selected Items of Cost-Alcoholic Beverages, costs of alcoholic beverages are unallowable. Condition: An amount of $329.25 for the purchase of alcoholic beverages was reimbursed to the School with federal funds.. Cause: Certain expenditures were not correctly identified and excluded from reimbursement requests. Effect: The School was not in compliance with award and federal statutes. The School is potentially subject to federal funding cuts or other punitive actions. Recommendation: The School should ensure that expenditures are compiled and reviewed to meet the terms and conditions of the award and federal statutes. Views of Responsible Official(s) and Planned Corrective Actions: See the accompanying Management?s Corrective Action Plan.

Categories

Questioned Costs Allowable Costs / Cost Principles

Other Findings in this Audit

  • 43948 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.97M